VIENNA, Va., March 26, 2012 /PRNewswire/ -- Qualifying for mortgage loans for military personnel and their families is now an attainable goal, through financial programs from Navy Federal Credit Union. With 100% financing options designed for active or retired servicemen and women and their families, the dream of home ownership can soon become a reality.
Navy Federal Credit Union's Active Duty Choice mortgage loans help members, both active duty and those who have family members that serve in the military, get a loan with more flexibility in qualifying. Mortgage loans at Navy Federal also offer several options for other members. For instance, all military personnel and their families can take advantage of fixed rates, bi-weekly payments, and solutions for other home loan needs. Even if interest rates should change, fixed-rate mortgages offer consistency, because the same amount is being paid each month.
For veterans or active duty personnel who qualify, the Veterans Administration offers military-specific loans that also include mortgages with 100% financing. This makes home buying within your reach, no matter your rank or tenure.
Navy Federal also offers other types of mortgages. Military personnel can choose a loan package that meets their specific needs. An FHA mortgage, for instance, is available as a fixed-rate or an Adjustable Rate mortgage (ARM). An ARM may be ideal for those planning on moving more frequently or expecting an increase in income in the years to come. Mortgage loans through Navy Federal Credit Union are designed to meet the exceptional needs of our servicemen, women and their families.
For those who serve in the military, mortgage loans with Navy Federal Credit Union supply a range of options to meet the unique needs of our country's servicemen and women. The American dream of owning a home is made possible with great rates and unique loan programs from Navy Federal Credit Union. Become a member by joining today. More information and membership details can be found at the Navy Federal Credit Union website: http://www.navyfederal.org.
About Navy Federal Credit Union
As one of the world's largest credit unions, Navy Federal Credit Union retains over 3.7 million members worldwide with $40 billion in assets, 220 branch offices, and over 7,100 employees around the world. Navy Federal Credit Union strives to provide all military personnel in the Army, Navy, Marine Corps, and DoD with easy access to loans, mortgages, and low-rate credit cards. For additional information about Navy Federal, visit http://www.navyfederal.org.
Public Relations Manager
Phone: (703) 206-3137
SOURCE Navy Federal Credit Union