The Mortgage Refinance Process

Submit Your Application

Sign in to online banking using the link below with your Navy Federal username and password. Select “I want to refinance my home” and follow the steps to submit your application.

Ready to start on your mortgage finance application? Apply here.

Gather Key Documents

When you apply for your loan, you’ll be able to upload key documents to verify your income, assets, debts and other information. Having these documents on hand will make the process faster and easier. Documents may include:

• W-2s, 1099s and other tax documents
• paystubs
• asset statements (checking, savings, retirement accounts, etc.)
• debt statements (mortgage, auto loans, credit cards, etc.)

Receive Your Loan Estimate

Within 3 days of submitting your application, we’ll send you a Loan Estimate that provides important information about your loan, including the estimated interest rate, your monthly payment estimate and expected closing costs. After you review it, call or email your loan officer within 10 days to confirm that you’d like to proceed with your application.

Get Your Home Appraised

From there, if required, Navy Federal will arrange for an appraiser. We’ll give you a copy of the approved appraisal report after it’s completed.

Get Final Approval

After you’ve submitted all the required documents, it typically takes 30 to 45 days to get final approval and close on your loan. Your loan officer will contact you when your loan is approved.

Attend Closing

On closing day, you’ll sign your closing documents. Soon after, we’ll mail you loan-payment information. For convenient payment options, visit our resources page.