Now Rewards

50,000 credit card bonus points

when you close on your home purchase or refinance by April 301

With Northwest Federal as your mortgage lender, you'll:

  • Save on out of pocket costs with our low and no down payment mortgage options
  • Earn Cash Rewards2 when you buy and/or sell using a HomeAdvantage agent
  • PLUS get 50,000 bonus points on your NOW REWARDS Mastercard1 ($500.00 value)

Spend your bonus points on:

  • Big screen for the big game
  • Wall art and home decor
  • Flight from coast to coast
  • Treadmill for your New Year's resolutions

Apply today! 

1 Must apply for your home purchase or refinance on or after 1/1/19 and close by 4/30/19 to qualify for the bonus points. Offer is not valid on internal refinances. Offer is not valid on home equity loans or lines of credit. Cannot be combined with any other offers. Must be a NOW REWARDS cardholder prior to closing on your mortgage in order to earn bonus point offer. The points will be awarded on active Mastercard accounts within 90 days of closing.
2 The HomeAdvantage program is made available to you through a relationship with CU Realty Services. Program Cash Rewards are awarded by CU Realty Services to buyers and sellers who select and use a real estate agent in the HomeAdvantage network and are based on the commissions paid to the agent. Using Northwest Federal for a mortgage is not a requirement to earn Cash Rewards. Cash Rewards incentives are void where prohibited by law. 
Mastercard is a registered trademark and the circles design is a trademark of Mastercard International Incorporated. 

Real Estate Center

Search. Buy. Sell. Save. 

Ready to buy a home? Northwest Federal is here to help. From finding the home of your dreams to financing it, we want to make every step in your home buying journey as easy and affordable as possible. We can help you:

Get pre-approved
Get pre-approved
Before you start serious house hunting, find out how much house you can afford with a free pre-approval. Apply today.

Select an agent
Select an agent

Need help selecting a real estate agent? The HomeAdvantage® program has experienced agents to help you buy or sell. Learn more and enroll today in this free service.

search for a home
Search for a house

Find your next home by searching current MLS listings made available through HomeAdvantage®. Then, save your favorite searches and get email alerts when new properties come up. Start searching today

Learn about our mortgage options
Learn about our mortgage options

Meet with one of our mortgage lending representatives (in-person or by phone) who will help you decide which mortgage option works best for you. Make an appointment.  

cash rewards
Earn Cash Rewards1

Buy or sell a home with a HomeAdvantage® agent and get a rebate at closing - you could save thousands! Estimate your cash reward.

See What You Could Earn in Cash Rewards*

   $200,000     $1,200
   $300,000     $1,800
   $400,000     $2,400
   $500,000     $3,000
   $600,000     $3,600
   $700,000     $4,200
   $800,000     $4,800
   $900,000     $5,400
  $1,000,000     $6,000

*Examples of Cash Rewards shown here are based on 3% commission rate; your agent's commission rate may differ.

home insurance
Request a home insurance quote

NW Insurance Agency2 can help you find the best rates for your home insurance coverage. Request a quote.

Get ready to close on your new home

Northwest Title & Escrow3 handles all aspects of real estate transactions, including title insurance, real estate closing and settlement and escrow services for real estate transactions in Virginia, Maryland and the District of Columbia. Learn more.

1The HomeAdvantage program is made available to you through a relationship with CU Realty Services. Program Cash Rewards are awarded by CU Realty Services to buyers and sellers who select and use a real estate agent in the HomeAdvantage network and are based on the commissions paid to the agent. Using Northwest Federal for a mortgage is not a requirement to earn Cash Rewards. Northwest Federal may have specific rules on how your Cash Rewards will be paid out. Cash Rewards incentives are void where prohibited by law.
2 Insurance products and services are offered through NW Insurance Agency, a subsidiary of NW Capital Management  (a wholly owned subsidiary of Northwest Federal Credit Union). At this time NWIA, together with its network of licensed insurance associates, provides auto and home insurance to residents in all but the following states: AL, AK, IA, MS, NB, ND, SD, WY. Coverage and discounts are subject to individual qualifications, state availability and the insuring company’s underwriting guidelines. Insurance is not underwritten, issued or guaranteed by NCUA or any other federal government agency.
3 Northwest Title & Escrow is a subsidiary of NW Capital Management

When it comes to buying a home, we have a variety of mortgage options and we’ll work with you to see which one fits you best:

•    Fixed-rate mortgage – Get peace of mind knowing your interest rate will never increase for the term of your loan. We have low and no down payment options available, including: 3% down payment loan or 100% Homebuyer’s Edge.

•    Adjustable rate mortgage – Enjoy generally lower monthly payments than a fixed-rate loan and increase the amount of home you can afford with our Adjustable Rate Mortgages (ARMs). The lower introductory interest rate will periodically adjust with changing market rates, depending upon the type of ARM you choose. Learn more with a customized rate quote and apply today for your free pre-approval. 

•    Low and no down payment options – available on conforming loan amounts only. Principal residences only and PMI is required. 

•    High-Balance Loans – Buyers in high-cost areas may need to consider a High-Balance loan with limits between $453,100 - $679,650* (maximum loan amount is determined by the county where the property is located and the number of units being purchased). Learn more about this competitive, fixed-rate option with a customized rate quote. *Limit for contiguous states only.

•    Jumbo Loans –  Qualified buyers in the market for a high-end home, can turn to Northwest Federal for fixed-rate and adjustable-rate Jumbo Loans up to a maximum loan amount of $2 million.

•    VA Loans – An affordable way for active duty service members, veterans, and eligible surviving spouses to purchase, refinance, or improve their existing home. Money-saving benefits include:  no down payment, fixed-rate terms and no Private Mortgage Insurance. A Certificate of Eligibility (COE) for the program is required. 

•    HomeReady™ Affordable Mortgage – This fixed-rate mortgage option features expanded eligibility for the diverse needs of today’s buyers and has several borrower benefits when compared to a FHA Loan, including: 3% down payment (gift funds allowed), reduced mortgage insurance coverage requirements, and flexible sources of income to meet eligibility requirements. Income restrictions apply and not all borrowers will qualify. To see if you qualify, apply online today. HomeReady™ Mortgage applicants must take an online home ownership class and present completion certificate to lender upon closing. Register now for the online course provided by Framework. 

•    Investment Property - We offer purchase and refinance Investment Property mortgage loans with 10 or 15-year repayment terms. Get a customized rate quote for more information. 

•   Land Loans* - Finance the purchase of unimproved land up to 20 acres for the site of your dream home or for recreational purposes. Apply online for competitive rates and terms.
 *Maximum loan amount of $200,000. 

Plus free seminars and webinars on home buying. All events are open to the public.

 HomeReady™ is a trademark of Fannie Mae. 

Northwest Federal is making home ownership more affordable than ever with these mortgage options:

  • 100% Financing*

Well-qualified borrowers can purchase a home with no money down! Our 100% Financing option is available on primary residence properties (single-family, townhome, condominium) on loan amounts up to $650,000. This mortgage option also features a fixed-rate term—your rate will never increase for the length of the loan. 

  • 3% Down*

Our 3% Down financing option is available for first-time home buyers (and repeat buyers) purchasing a primary residence (single family, townhome or condominium). It's a great solution for buyers who want less out-of-pocket expense when purchasing a home—the down payment amount can even be a gift from mom and dad! 

  • Programs available to assist with funds for down payment and closing costs

Learn more about these programs designed for low and moderate income level first-time homebuyers and public service workers

  • Family Share Secured Loan**

This option lets first-time buyers obtain a mortgage with just a 5% investment of their own funds, provided they have a family member willing to provide the additional 15%. When you combine the two, it equals a 20% down payment—saving the home buyer from having to purchase Private Mortgage Insurance.

*Not all borrowers will qualify; credit qualifications apply. Private mortgage insurance is required. 
**Normal terms and conditions do apply. Not all borrowers will qualify. Family members as defined by Fannie Mae, include: borrower's spouse, child or other dependent or by any other individual who is related to the borrower by blood, marriage, adoption or legal guardianship; or a fiance, fiancee, or domestic partner. 

Depending on your situation and what your goals are, refinancing could help you:

  • Refinance from an adjustable rate into a a fixed rate mortgage
  • Lower your monthly payment
  • Shave years off your mortgage term
  • Get cash for home improvements
  • Consolidate debt at a lower rate

Learn more about your options with a customized rate quote and apply today.

Reverse Mortgages
We’ve partnered with Credit Union Mortgage Association to offer reverse mortgages* for home-owning members age 62 and older. If you’re interested in converting your home’s equity into cash or a line of credit with a reverse mortgage, email our lending professionals to learn if this option is available in your area.

*Only available in VA, MD, and DC. 

Home equity loans and home equity lines of credit (HELOC) can be used for home improvements, major purchases and debt consolidation. Since an equity loan or HELOC uses your home as collateral, the interest rate is generally lower than other types of loans—saving you money. Plus, the interest may be tax deductible*. 

Compare the features, check rates and apply today

*Consult your tax advisor for details.