Mortgages to Make Dreams Come True

Available in a conventional option, a fixed-rate mortgage offers a set monthly payment through the life of your loan. This mortgage option is a good fit for you if:

• You want the stability of a fixed principal/interest payment
• You plan to stay in your house for many years

Apply Now for a Fixed-Rate Mortgage.

FHA loans are mortgages insured by the Federal Housing Administration (FHA) which is part of the Department of Housing and Urban Development (HUD). They offer more lenient underwriting standards and rates along with lower minimum down payments – but they do require mortgage insurance.** This mortgage option is a good fit for you if:

• You are a first-time homebuyer
• You have less-than-perfect credit

Apply for a FHA Loan

**You must meet certain FHA guidelines to qualify for an FHA loan. FHA loans through NASA Federal Credit Union are currently available for properties located in all states with the exception of Alaska, Hawaii, and New Jersey.

VA loans are available to military veterans and active military members. (View eligibility requirements.) These loans are guaranteed by the Department of Veterans Affairs and do not require mortgage insurance. This mortgage option is a good fit for you if:

• You have veteran eligibility
• You have little or no down payment
• You have low-to-moderate income
• You have less-than-perfect credit
• You need to finance closing costs (refinance only)

Apply Now for a VA Mortgage

One of the most challenging obstacles to buying your first home is saving enough money for the down payment and closing costs. Our First-Time Homebuyer Program is the perfect fit, with:

• As little as 3.5% down payment required
• More flexible qualifying guidelines than conventional mortgage loan plans

Apply Now as a First Time Home Buyer

A HomeReady Mortgage, backed by Fannie Mae, is an affordable fixed-rate mortgage option for both first-time homebuyers and repeat homebuyers alike that are looking to purchase a primary residence. If your savings is limited, you may be eligible for a down payment as low as 3% and reduced mortgage insurance. This loan option also allows co-borrowers to assist without the requirement of living in the same home. This is also an option for homeowners that would like to refinance their current mortgage to potentially save on their monthly mortgage payment.

This is a great option for you if:

• You have a small down payment - as low as 3% needed
• You are a first-time or experienced homebuyer looking to purchase a primary residence
• You own your home and want to refinance

Apply Now for a HomeReady Mortgage.

A Reverse Mortgage provides homeowners (age 62 and above) with the ability to convert the equity in their homes into tax-free income or extra cash without having to sell the home, give up the title, or take on new monthly mortgage payments. With a Reverse Mortgage the payment stream is actually reversed: instead of making monthly payments to a lender (like a regular mortgage) a lender makes payments to the homeowner. Reverse Mortgages are offered through our affiliated mortgage partner, Credit Union Mortgage Association.

This is a great option for you if you:

• Are at least 62 years old
• Want to reduce your monthly financial burdens
• Need to supplement your income to offset medical expenses, pay for home repairs/improvements, etc.
• Need to pay down existing debt
• Want to use the equity in your home now to help grandchildren or loved ones

Apply Now for a Reverse Mortgage