Credit Union Mortgage Reviews

• Navy Federal Credit Union Mortgages Navy Federal offers both fixed and adjustable rate mortgages. They also have some interest-only options. You can get a conventional loan for up to $417,000 or a jumbo mortgage up to $2 million. The credit union offers Balloon Mortgages, which give lower initial interest rates and lower monthly payments with options for re-financing at the end of the 7 year term. For the first-time home buyer, NFCU has a no down payment option called Homebuyer’s Choice.

• Pentagon Federal Credit Union Mortgages Pentagon Federal offers first mortgage loans for both new purchases and refinancing your home. Pentagon FCU has fixed conventional mortgages as well as adjustable rate and interest-only mortgages. When it comes to Jumbo mortgages you can get either an ARM or a fixed rate. Many can also take advantage of low VA fixed mortgage rates. You can use your home's equity to take out another loan with a Home Equity Loan or Lines of Credit. The credit union allows people to purchase or refinance a one-family investment property.

• GTE Federal Credit Union Mortgages When it comes to first mortgages GTE federal credit union will refinance up to 95% of the homes value and for new purchase up to 103% of the homes value or sales price (whichever is lower). They only do adjustable rate mortgages in Florida. Home Equity Loans are available in Maine and Florida. GTE does offer Mobile Home with land loans with certain restrictions.

• Arrowhead Credit Union Mortgages If you are looking for Low Interest Rate Programs, Arrowhead CU has a 5-Year Balloon (30 due in 5), CalSTRS 30 Year Fixed, Cal Pers 30 Year Fixed Rate Loans, and a 5 year Fixed 30 year ARM. The credit union also has Low Down-Payment Programs that include: 80/20 Piggyback 100%, 100%-30 Year Fixed, Federal VA 30 Year Fixed, and PERS 100% w/ Personal Loan. They also have three programs for Low Monthly Payments: Interest Only & Neg Am, 50 Due In 30, and 30 Year Fixed with Interest-Only Period.

• Municipal Credit Union Mortgages Municipal CU has many different mortgage loan options. For fixed rate mortgages they have a MYCOMMProgram, 30 year, 25 year, 20 year, 15 year, 10 year; also MYCOMM97, 30 Year FixFlex97%, and a 30 Year Fixed 100. For adjustable rate mortgages they have 1 year ARM, 3/1 Year ARM, 5/1 Year ARM, and 7/1 Year ARM. If you are looking for a jumbo loan, you can get a 10, 15, 20, 25, or 30 Year loan. They have 3 different home equity loans all 20 Year lengths (Home EQ, Variable, and HE-5).

• Tinker Federal Credit Union Mortgages In 1946, a small group of Tinker Field civilian employees who were looking for a way to save and borrow money, so the founded Tinker Federal Credit Union. That single branch of Tinker FCU has grown to 17 full-service locations with over 180,000 members. TFCU is the largest credit union in Oklahoma serving the employees of over 400 area companies.