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Private Lending & Conventional Mortgage Advice
HomeForumsPrivate Lending & Conventional Mortgage AdviceInvestment Loan Navy Federal Credit Union
Lawrence Briggs's profile image
Lawrence Briggs's profile image
Lawrence Briggs
Pro Member
  • Investor
  • from Austin, Texas
  • Member since Mar 15, 2020
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Lawrence Briggs's profile image
Lawrence Briggs's profile image
Lawrence Briggs
Pro Member
  • Investor
  • from Austin, Texas
  • Member since Mar 15, 2020
Connect
Lawrence Briggs
Pro Member
  • Investor
  • Austin, TX
360
Votes |
352
Posts
Private Lending & Conventional Mortgage Advice

Investment Loan Navy Federal Credit Union

Lawrence Briggs
Pro Member
  • Investor
  • Austin, TX
Posted Oct 23 2021, 19:47

Hello BP friends! Has anyone used Navy Federal Credit Union for an investment property loan? From the company's website, the investment property financing consist of :

  • -10K min. purchase price
  • -15% Down payment 
  • -15 year term / no PMI

If you have used NFCU for this type of financing, how was your experience? I am looking to purchase an off-market property from an investor. The property is worth about 50-60K. Single Family. 

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