Mortgages Made Easy

from application to closing

First NRV Credit Union is committed to all of our members’ mortgage needs. Whether you are purchasing your first home or refinancing your current mortgage for a better rate, First NRV Credit Union is here to help find the perfect mortgage solution for you.

  1. Flexible terms & various mortgage rates to meet the needs of your budget and lifestyle

  2. Mortgage programs offered for first-time home buyers, military veterans, and qualified buyers with various levels of income

  3. Simple application & a fast mortgage closing process.

Real Estate Loan Options

Finding the Best Option for You

First NRV offers Conventional, FHA, USDA, VA, & Jumbo Mortgages to meet all of our members’ home buying needs. We also offer unimproved property loans, construction loans, and so much more. Come speak to one of our Real Estate Lending Specialists today to find the best option for you.

  1. Get advice from our real estate lending professionals

  2. First time home buyer program

  3. Up to 30-year mortgage loan terms

  4. Fixed or adjustable rates

  5. Home Equity Lines of Credit (HELOCs) are also available.

MORTGAGE Selection at first nrv:

  1. Conventional Mortgage Loan - This is the most commonly used type or mortgage and usually has the best rates.  You’ll typically need at least 10% for a down payment and good credit, but this can differ. These types of mortgages can be for run a 15 or 30 year term or “interest only” where you are not paying any principal in your first payments.

  2. FHA Mortgage Loan - Thought of as the first time home buyer program but is actually available to anyone. The down payment is only 3.5% and is more forgiving of lower credit scores. The interest rates are not as attractive as that of a conventional mortgage, but qualifying for the loan isn’t as tough either.

  3. VA Mortgage Loan - Zero down payment loan, but you must be a veteran of the armed forces.  For more information, click here.

  4. USDA Rural Housing Loan - This USDA Mortgage Loan can only be used in designated areas & towns, but their definition of rural may be more flexible than you think. Speak to a mortgage specialist to find out more.

  5. Adjustable Rate Mortgage (ARM) - These have rates that start out lower than the current rates, but can change after one, two, or five years – usually the change is an increase.

Still Have Questions?
Let Us Help You!

MESSAGE YOUR QUESTION TO US BY CLICKING THE BUTTON
BELOW OR GIVE US A CALL AT (540)639-0885.

First NRV Credit Union’s NMLS#: 1448213