Home Project Financing Center

Home Equity Loans are fixed-rate loans. Rates are as low as 7.340% APR and are based on an evaluation of credit history, CLTV (combined loan-to-value) ratio, loan amount, and occupancy, so your rate may differ. A sample Fixed-Rate Equity Loan monthly payment based on $100,000 at 7.650% APR for 20 years is $814.79. Taxes and insurance not included; therefore, the actual payment obligation will be greater. Navy Federal will pay for all closing costs on new Fixed-Rate Equity Loan applications dated on or after June 1, 2023. Covered closing costs include lender fees and fees paid to third parties, such as settlement fees, credit reports, flood determinations, property valuations (including appraisals, if required), title searches, lender’s title insurance, recording, mortgage transfer taxes, and government charges. For loan amounts of up to $250,000, closing costs that members may pay typically range between $300 and $2,000. The member is responsible for escrow payments and/or prepaid costs, if required, including property taxes and assessments, homeowners’ and flood insurance premiums, association fees/dues and assessments, and prepaid interest. You must carry homeowners’ insurance on the property that secures this plan. All loans subject to approval. Offer is subject to change or cancellation without notice.

The interest on the portion of the credit extension that is greater than the fair market value of the dwelling is not tax deductible for Federal income tax purposes. Consult with your tax advisor for more information about tax deductibility.

Home Equity Lines of Credit (HELOC) are variable-rate lines. Rates are as low as 8.000% APR and 9.000% for Interest-Only Home Equity Lines of Credit and are based on an evaluation of credit history, CLTV (combined loan-to-value) ratio, line amount, and occupancy, so your rate may differ. HELOC has a minimum APR of 3.99% and a maximum APR of 18%. Members who choose to proceed with an Interest-Only HELOC may experience significant monthly payment increases when the line of credit enters the repayment phase. Navy Federal will pay for all closing costs on HELOC applications dated on or after June 3, 2024. Covered closing costs paid to 3rd parties include settlement fees, credit reports, flood determinations, property valuations (including appraisals, if required), title searches, lender’s title insurance, recording, and government charges. The member is responsible for prepaid interest and escrow payments for 1st lien HELOCs. Member must carry homeowners’ insurance on the property that secures the HELOC. For loan amounts up to $250,000, closing costs typically range between $300 and $2,000. Applications for a HELOC include a request for a HELOC Platinum Credit Card. All loans subject to approval. Offer is subject to change or cancellation without notice. Rates are subject to change. HELOC loans are not available in Texas.

The maximum loan amount is $50,000 for an individual, $150,000 with a co-applicant.

$250 minimum loan amount applicable to loan terms of up to 36 months. $25,000 minimum loan amount for 61- to 84-month terms and $30,000 minimum loan amount for 85- to 180-month terms

Rewards are subject to change and vary by merchant. Reward types are based on the purchasing credit card. cashRewards and cashRewards Plus cards receive cash back, Platinum receives a statement credit, and all others receive points. Program excludes Navy Federal Business and Home Equity Line Visa^® Platinum credit cards and Navy Federal Debit Cards.

$50,000 is the maximum available credit line for existing cardholders. New Platinum credit card accounts are eligible for a maximum initial credit line of $30,000.

Advertised maximum available credit line not available on all cards. $80,000 is the maximum available credit line for existing Visa Signature® Flagship Rewards cardholders. The maximum available credit line for existing cashRewards, GO REWARDS®, and More Rewards accounts is $50,000. New cashRewards, GO REWARDS, Flagship Rewards, and More Rewards credit card accounts are eligible for a maximum initial credit line of $30,000.

Product features subject to approval, which is based on an evaluation of credit history, CLTV (combined loan-to-value) ratio, loan amount, line amount, and occupancy.

8.99%-18.00% APR range available for loan terms up to 36 months.

14.29% - 18.00% APR range available for loan terms between 37 and 60 months.

Rates are subject to change and based on creditworthiness, so your rate may differ. Personal Loan rates range from 8.99% to 18.00% APR. Payment Example: A loan amount of $5,000 for 36 months has a payment range from $160 to $183 and finance charge range from $763 to $1,598. 

As of 12/14/2024, nRewards® Secured card rate is 18.00% APR and will vary with the market based on the US Prime Rate. All other Navy Federal credit card rates range from 11.49% APR to 18.00% APR, are based on product type and creditworthiness, and will vary with the market based on the US Prime Rate. ATM cash advance fees: None if performed at a Navy Federal branch or ATM. Otherwise, $0.50 per domestic transaction or $1.00 per foreign transaction. $49 annual fee for Visa Signature® Flagship Rewards.