Home » Personal » Loans » Mortgage » Mortgage Loans
 

Buying a Home Refinancing Your Home
  • Loan amounts and terms to meet your needs
  • Close on-time with a great rate and low fees
  • Expert help every step of the way
Learn More

> Get your custom rates
> Get Prequalified

  • Lower your monthly payment or interest rate
  • Pay off your mortgage faster
  • Express closing in 45 days or less1
Learn More 

Get your custom rates
> Request a Mortgage Check-Up

Our Mortgage Options

Shopping for a home? Our team is dedicated to helping you build a mortgage solution that works perfectly for your individual budget, lifestyle and goals.

We offer mortgage loans for primary residences, second homes or investment properties in DC, DE MD, PA, VA, and WV.

Fixed Rate Mortgages
  • Stable and predictable payments for the life of the loan
  • Terms of any length available between 10 and 30 years
  • Options with as little as 5% down on qualifying loans
Adjustable Rate Mortgages (ARM)
  • Lower rates and monthly payments for those comfortable with potential of future increases
  • Initial fixed rate periods of 1, 3, 5 or 7 years, including our popular 5/5 option
  • Shop with confidence with our 90-day rate lock guarantee2
  • Options with as little as 5% down on qualifying loans
Goodbye Mortgage
  • Ideal for homeowners planning for retirement
  • 5-year term with low rates
  • Pay no points or fees, and the NIHFCU pays closing costs
HARP Loans
  • Ideal for homeowners who owe more than the value of their home
  • Lower your payment without waiting for values to increase
  • Learn more

Compare NIHFCU to other lenders to see our benefits and call 855.203.4747 to speak to a loan officer today!

    

Sign Up for Rate Watch

Get FREE email alerts when rates reach your goal or receive ongoing rate updates.

Sign Up Now

Mortgage Calculators

Estimate your monthly payment or find out if a refinance makes sense for you.

View Calculators

Manage My Mortgage

Are you an existing mortgage holder? We are always available to help.

Manage My Mortgage

 

1 Most approved applications are ready to close within 45 days if borrower and third parties provide required information to NIHFCU promptly. 
2Applicable to purchase money adjustable rate mortgages only. Other restrictions may apply. Offer subject to change at any time. 90-day lock begins on the date of the pre-approval application.

REVIEW SNAPSHOT®

by PowerReviews
NIHFCUMortgage - Home Purchase
 
4.7

(based on 51 reviews)

Ratings Distribution

  • 5 Stars

     

    (43)

  • 4 Stars

     

    (5)

  • 3 Stars

     

    (1)

  • 2 Stars

     

    (1)

  • 1 Stars

     

    (1)

94%

of respondents would recommend this to a friend.

Pros

    Cons

      Best Uses

          • Product Features:
          •  
          • Product Rate:
          •  
          • Fees and Closing Costs:
          •  
          • Member Service:
          •  
          • Credit Union Member Since:
          • 2012 (7), 1997 (4), 2008 (3)

        Most Liked Positive Review

         

        The most seamless mortgage-Win-win deal

        We have only done this twice but this was the most seamless mortgage we obtained. The loan officer was very clear, honest and precise meaning no surprises. Everything she told us was exactly...Read complete review

        We have only done this twice but this was the most seamless mortgage we obtained. The loan officer was very clear, honest and precise meaning no surprises. Everything she told us was exactly as was described. It took the least time to close and only one one-on-one meeting with the loan officer despite a few complications of unavailability of some documents on our part, that was ressolved in no time by the management. One of the title company that works with NIHFCU that we selected was perfect, I think they pre-screen them very well. The interest rate was perfect and we were allowed to lock for 1 month and we are now saving $700/month since we refinanced and even got over $1000 into our pockets in addition to being to paying closing costs. Did not produce a penny instead got cash money into the pockets and currently saving $700/month. I would encourage anyone to get a mortgage with NIHFCU. They are a credit union not a bank. They truly are looking after the members interest and service not fleecing them of money. Win-win relationship.

        VS

        Most Liked Negative Review

         

        love our mortgage team but...

        Our mortgage refinance was handled exceptionally smoothly, and we got a fantastic (and competitive) 30-year fixed rate with very little equity in our home. Highly professional mortgage group.
        Read complete review

        Our mortgage refinance was handled exceptionally smoothly, and we got a fantastic (and competitive) 30-year fixed rate with very little equity in our home. Highly professional mortgage group.

        But I have to say that the telephone customer service regarding the savings account that I had to open in order to refinance is not that great. Also, there have been errors in their book-keeping. Finally, my past mortgage payments or any other information regarding my mortgage account, aside from basic info that doesn't change (i.e., principal, interest, and escrow amounts), is not visible on the NIHFCU website. Their online capabilities are not quite up to par with some of the larger national banks.

        Based on the customer service and the somewhat limited online experience, I would have to think twice about going with NIHFCU again.

        Reviewed by 51 customers

        Sort by

        Displaying reviews 1-10

        Back to top

        Previous | Next »

         
        5.0

        Painless Process

        By Lossie

        from Rockville, MD

        Verified Buyer

        Pros

          Cons

            Best Uses

              Comments about Mortgage - Refinance:

              The mortgage refinance team was excellent. I was informed on what I needed to do and what to expect at every step of the process. Whenever I needed clarification on anything I got a timely response. From the time I submitted my application to the closing process, everything was done smoothly.

              • Credit Union Member Since:
              • 1971
              • Occupation:
              • Retired
              • Product Features:
              •  
              • Product Rate:
              •  
              • Fees and Closing Costs:
              •  
              • Member Service:
              •  
               
              5.0

              Mortgage Refinance

              By GG

              from Washington DC

              Verified Buyer

              Comments about Mortgage - Refinance:

              Easy, fast, and convenient.

              • Occupation:
              • Retired
              • Product Features:
              •  
              • Product Rate:
              •  
              • Fees and Closing Costs:
              •  
              • Member Service:
              •  
               
              5.0

              Great Customer Service

              By Bay

              from Alexandria, VA

              Verified Buyer

              Pros

                Cons

                  Best Uses

                    Comments about Mortgage - Home Purchase:

                    My loan officers guided me through every step of the process. They provided valuable advice, managed expectations and timelines which helped all of us to stay on track. The communications were timely and effective. I highly recommend working wtih Kayla V. and Debbie Y. They are a great team!

                    • Credit Union Member Since:
                    • 2013
                    • Product Features:
                    •  
                    • Product Rate:
                    •  
                    • Fees and Closing Costs:
                    •  
                    • Member Service:
                    •  
                     
                    4.0

                    great end result, but harrowing journey

                    By Dan

                    from DC

                    Verified Buyer

                    Pros

                      Cons

                        Best Uses

                          Comments about Mortgage - Home Purchase:

                          I used a 5/5 ARM through NIHFCU. It is a fantastic loan and only offered, as far as I can tell, through credit unions. NIHFCU beat every other commercial bank we looked at in terms of rates and fees.

                          However, using the NIHFCU in the competitive purchasing environment of DC was little nerve-racking. At times, I felt like the response time was too slow to be competitive, and the 25 day closing was tough.

                          In the end, we did use NIHFCU, we did close, and they did deliver the best product. So everything worked out beautifully, but a little snappier service would have saved a lot of anxiety.

                          • Credit Union Member Since:
                          • 2011
                          • Occupation:
                          • Scientist
                          • Product Features:
                          •  
                          • Product Rate:
                          •  
                          • Fees and Closing Costs:
                          •  
                          • Member Service:
                          •  
                           
                          5.0

                          Mortgage Refinance

                          By NoVa Family

                          from Reston

                          Verified Buyer

                          Pros

                            Cons

                              Best Uses

                                Comments about Mortgage - Refinance:

                                Turnaround times as promised, dilligent review of finances which was really comforting for us as members despite some annoyances at the time.

                                • Credit Union Member Since:
                                • 2012
                                 
                                5.0

                                Refinance Angel

                                By Dr. Michelle

                                from Rockville

                                Verified Buyer

                                Pros

                                  Cons

                                    Best Uses

                                      Comments about Mortgage - Refinance:

                                      The Refinance process was flawless. I was able to roll all the fees into my new 15 year loan and my new mortgage was only $200 more. Can't beat that for switching from a 30 year.
                                      Thanks!!

                                      • Credit Union Member Since:
                                      • 2012
                                      • Product Features:
                                      •  
                                      • Product Rate:
                                      •  
                                      • Fees and Closing Costs:
                                      •  
                                      • Member Service:
                                      •  
                                       
                                      5.0

                                      The most seamless mortgage-Win-win deal

                                      By Dr. Morris

                                      from Rockville MD

                                      Verified Buyer

                                      Pros

                                        Cons

                                          Best Uses

                                            Comments about Mortgage - Refinance:

                                            We have only done this twice but this was the most seamless mortgage we obtained. The loan officer was very clear, honest and precise meaning no surprises. Everything she told us was exactly as was described. It took the least time to close and only one one-on-one meeting with the loan officer despite a few complications of unavailability of some documents on our part, that was ressolved in no time by the management. One of the title company that works with NIHFCU that we selected was perfect, I think they pre-screen them very well. The interest rate was perfect and we were allowed to lock for 1 month and we are now saving $700/month since we refinanced and even got over $1000 into our pockets in addition to being to paying closing costs. Did not produce a penny instead got cash money into the pockets and currently saving $700/month. I would encourage anyone to get a mortgage with NIHFCU. They are a credit union not a bank. They truly are looking after the members interest and service not fleecing them of money. Win-win relationship.

                                            • Credit Union Member Since:
                                            • 2003
                                            • Occupation:
                                            • Scientist
                                            • Product Features:
                                            •  
                                            • Product Rate:
                                            •  
                                            • Fees and Closing Costs:
                                            •  
                                            • Member Service:
                                            •  
                                             
                                            5.0

                                            I would buy this product again and again

                                            By Arush

                                            from Fairfax VA

                                            Verified Buyer

                                            Pros

                                              Cons

                                                Best Uses

                                                  Comments about Mortgage - Home Purchase:

                                                  Amazing !!!! The NIH Loan officers helped me every every stage through closing !!!

                                                  • Credit Union Member Since:
                                                  • 2003
                                                  • Product Features:
                                                  •  
                                                  • Product Rate:
                                                  •  
                                                  • Fees and Closing Costs:
                                                  •  
                                                  • Member Service:
                                                  •  
                                                   
                                                  5.0

                                                  Aplause,for a great product performance

                                                  By Rocky

                                                  from Rockville, MD

                                                  Verified Buyer

                                                  Comments about Mortgage - Refinance:

                                                  I was guided through this process from start to finish. The loan officers made me at ease and were always available via phone/email to answer questions. My experience was awesome.

                                                  • Product Features:
                                                  •  
                                                  • Product Rate:
                                                  •  
                                                  • Fees and Closing Costs:
                                                  •  
                                                  • Member Service:
                                                  •  
                                                   
                                                  5.0

                                                  Excellent Rates and Service

                                                  By Q.A.

                                                  from Rockville, MD

                                                  Verified Buyer

                                                  Pros

                                                    Cons

                                                      Best Uses

                                                        Comments about Mortgage - Refinance:

                                                        I think the service and rates that's available to to fellow NIH employees, contractors and associates are great. I recently refinanced my home to take adavantage of the low rates. It's a straight forward process and was able to close in a month and a half.

                                                        • Credit Union Member Since:
                                                        • 2008
                                                        • Occupation:
                                                        • Network Manager
                                                        • Product Features:
                                                        •  
                                                        • Product Rate:
                                                        •  
                                                        • Fees and Closing Costs:
                                                        •  
                                                        • Member Service:
                                                        •  

                                                        Displaying reviews 1-10

                                                        Back to top

                                                        Previous | Next »


                                                        Member Ratings and Reviews is designed to allow members to rate their experience with certain products and services offered by NIHFCU. Ratings and reviews are submitted by members voluntarily and are screened for acceptance in accordance with the Moderation Guidelines and SiteTerms prior to publication. Please see the Moderation Guidelines for details regarding which reviews are published.

                                                        Product or service requirements, price, availability and features may vary based on member's individual circumstances as well as laws and the product or service contracts, and location. NIHFCU cannot guarantee the accuracy of member posts. Views and opinions expressed by members are for informational purposes only and should not be deemed an endorsement by NIHFCU.

                                                        Ratings and Reviews are powered by BazaarVoice, a third-party vendor not affiliated with NIH Federal Credit Union. If you have additional questions or concerns about Ratings & Reviews or would like to verify a review’s authenticity, please contact us.