Navy Federal Mortgage Rates & Reviews

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Navy Federal is a non-profit global credit union founded in 1933 and headquartered in Virginia. Navy Federal offers a variety of banking services such as credit cards, checking accounts, mortgages, and more to veterans and other military members in the US. With $138.6 billion of assets and 10.1 million members, Navy Federal is the largest retail credit union in the United States. It has over 340 locations worldwide with 20,000 employees serving over 10 million members.

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Current Navy Federal Mortgage Rates

Data Compiled by the Casaplorer Team

Current Navy Federal Conventional Fixed Rate Mortgage Rates

Current Navy Federal Jumbo Mortgage Rates

Current Navy Federal VA Mortgage Rates

Current Navy Federal Variable Mortgage Rates

Current Navy Federal Variable Jumbo Mortgage Rates

While we try our best to get your the best rates, we cannot guarantee that they are always accurate. Casaplorer assumes no liability for the accuracy of the information presented, and will not be held responsible for any damages resulting from its use. Rates shown are for informational purposes only and are based on zipcode 94123. Estimated payments do not include taxes and insurance. Some state and county maximum loan amount restrictions may apply. Casaplorer is not endorsed or sponsored by any mortgage lender or government agency. Please refer to

Navy Federal Credit Union Mortgage Process

Before you can apply for a Navy Federal mortgage product, you will have to be registered as a member of the Navy Federal Credit Union. Then, you should get pre-approved for a mortgage. You will have to submit your financial information to Navy Federal and consent to a hard credit inquiry, which may temporarily lower your credit score. Then, Navy Federal will tell you how much you are eligible to borrow and you can use this as a budget for buying a property.

Once you have gotten your mortgage pre-approved, Navy Federal recommends that you get a real estate agent. Their RealtyPlus program connects you with a local real estate agent that can help you throughout the home buying process.

Navy Federal Credit Union Review

Navy Federal offers mortgages in addition to a wide range of other services. While we have aggregated user reviews from different websites, these reviews reflect Navy Federal as a whole. Below is an average rating across these websites, which represents Navy Federal’s average customer experience.

Estimated Average Rating: 3.92/5

Summary of Navy Federal Credit Union Pros and Cons


  1. Good mortgage programs for military members
  2. Online pre-approval application
  3. Low mortgage rates with a rate match guarantee
  4. No down payment and PMI required for eligible home buyers

Navy Federal Credit Union Mortgage Products

While Navy Federal doesn’t have as many mortgage products as a conventional mortgage lender or a large financial institution, they still have a sizable selection of mortgage options. These include:

Since Navy Federal primarily operates as a lender for military personnel, they are focused on supplying military members with mortgages. Unfortunately, Navy Federal doesn’t offer many specialized mortgages, which include:

Navy Federal Credit Union Membership

Navy Federal mortgage products are only available to members of the Navy Federal Credit Union. To qualify as a member, you must belong to one of the following groups:

  • Active Duty Members
  • Reservists
  • Military Veterans
  • Retirees
  • Annuitants of the Army, Marine Corps, Navy, Air Force, or Coast Guard
  • Army and Air National Guard Personnel
  • Delayed Entry Program Personnel
  • Department of Defense (DoD) Civilians or DoD Contractors
  • U.S. DoD Government Employees
  • Family Members of Qualifying Individuals

If you belong to one of these groups and are ready to apply, you can apply for a mortgage online, by calling 1-888-842-6328, or by visiting a branch.