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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

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> Get your custom rates
> Get Prequalified
> Start your home search with HomeAdvantageTM

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

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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, MD, VA, WV, and DE (for 2nd homes only). Coming soon to NC.

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 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
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

Call 855.203.4747 to speak to a loan officer today!

    

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Mortgage Calculators

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

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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. 

Applicable 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

No Pros

Cons

No Cons

Best Uses

No Best Uses
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    • Credit Union Member Since:
    • 2012 (7), 1997 (4), 2008 (3)

Most Liked Positive Review

 

great end result, but harrowing journey

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...Read complete review

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.

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

Displaying reviews 1-10

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(4 of 4 customers found this review helpful)

 
5.0

Painless Process

By Lossie

from Rockville, MD

Verified Buyer

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
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(2 of 2 customers found this review helpful)

 
5.0

Mortgage Refinance

By GG

from Washington DC

Verified Buyer

Comments about Mortgage - Refinance:

Easy, fast, and convenient.

  • Occupation:
  • Retired
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(2 of 2 customers found this review helpful)

 
5.0

Great Customer Service

By Bay

from Alexandria, VA

Verified Buyer

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
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(3 of 3 customers found this review helpful)

 
4.0

great end result, but harrowing journey

By Dan

from DC

Verified Buyer

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
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(2 of 2 customers found this review helpful)

 
5.0

Mortgage Refinance

By NoVa Family

from Reston

Verified Buyer

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

(2 of 2 customers found this review helpful)

 
5.0

Refinance Angel

By Dr. Michelle

from Rockville

Verified Buyer

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
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(2 of 2 customers found this review helpful)

 
5.0

The most seamless mortgage-Win-win deal

By Dr. Morris

from Rockville MD

Verified Buyer

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
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(2 of 2 customers found this review helpful)

 
5.0

I would buy this product again and again

By Arush

from Fairfax VA

Verified Buyer

Comments about Mortgage - Home Purchase:

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

  • Credit Union Member Since:
  • 2003
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(2 of 2 customers found this review helpful)

 
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.

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(2 of 2 customers found this review helpful)

 
5.0

Excellent Rates and Service

By Q.A.

from Rockville, MD

Verified Buyer

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
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