Veterans Administration (VA) Loans
Veterans Administration Loans are insured by the Department of Veterans Affairs and are designed to help qualified veterans and active duty personnel purchase a home.
There are limits on the amount you can finance, but VA loans generally offer lower interest rates and carry no monthly mortgage insurance premiums.
Benefits & Highlights
- Terms up to 30 years
- Available for primary residence only
- A no downpayment option
- Flexible income, debt and credit requirements to help borrowers qualify
- Up to 2% funding fee required
Loan Options
NWFCU Loan Advantages
- Competitive rates
- Low lender fees
- Free pre-approvals with 24/7 automated loan decisions through our online mortgage application
- No prepayment penalties
- Fast, local processing
- Free, informative buying and selling seminars
- Prompt, professional and courteous service
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NWFCU maintains the servicing for the life of the loan
BONUS BENEFIT
Earn 5,000 mileage points on your NWFCU Member Rewards MasterCard®. More.
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