It appears that 100% financing on home mortgages is back – at least for a few days.
In response to the Ft. Campbell Army Homecoming this year, Navy Federal Credit Union, Vienna, Va., is offering personalized loans with up to 100-percent financing for soldiers who are returning home from overseas.
Ft. Campbell soldiers can take advantage of 100-percent financing on Veteran Administration-backed home mortgages – with no private mortgage insurance on most conventional loans.
Soldiers also can save up to $5,050 in closing costs when they purchase a property through RealtyPlus, the credit union’s real estate affiliate. NavyFed is one of the top ranked credit union originations and servicers in the nation, according to figures compiled by National Mortgage News.
