Union Home Mortgage Review – How to Buy a House with No Money Down | Navy Federal Credit Union Homebuyers Choice Loan
Union Home Mortgage Review – Whats The Best?
If you want to learn how to buy a house with no money down in 2021 using Navy Federal Credit Union, check this out! Navy Fed offers a Homebuyer’s Choice Home Loan and requires NO PMI!
In this video, I’m sharing Navy Fed’s zero down conventional loan program. It’s an affordable home loan for first time home buyers and those looking to keep their emergency fund and savings in place.
You don’t have to be an active duty or retired military service member in order to join Navy Federal Credit Union. They offer civilians the option to join without a sponsor!
Here’s the catch: you must be related to (stepfamily included) someone who has served.
To learn more about Navy Federal’s no money down Homebuyers’ Choice mortgage, visit https://navyfederal.org.
This video is not sponsored (although I would welcome a partnership).
Check out the full Navy Federal Credit Union HomeBuyers Choice Reviews – https://perfectionhangover.com/navy-federal-credit-union-homebuyers-choice/
#navyfederalcreditunion #buyingahouse #nomoneydown #nopmi #navyfed
0:00 – Intro
0:45 – How Conventional Mortgages Work – Minimum Down Payment Requirements
0:55 – PMI, private mortgage insurance
2:00 – Homebuyers’ Choice Home Loan
2:15 – How the Funding Fee Works
3:40 – Example PITI with Assumptions
4:05 – Closing Costs
5:05 – Join Navy Federal Credit Union non-military
5:20 – Paying off Debt vs Buying a House
6:00 – Who Should Apply for a Homebuyers Choice Loan
6:30 – Who is this loan NOT for?
7:19 – It’s okay to wait to buy a home in 2021
8:00 – Federal Reserve locked low rates until 2023 or later
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Disclaimer: Please see the link for my disclaimer policy for all of my videos on the Perfection Hangover, Melissa Blevins YouTube channel. I often partner with companies to offer reviews of suggested products and services in exchange for compensation. https://perfectionhangover.com/privacy-policy/