Navy Federal No Money Down Mortgage Loan (100% Financing)

#Navyfederalmortgageloan #homebuyerschoiceLoan #navyfederalcreditunion

In this video I talk about Navy Federals Home Buyers choice Loan and a few things about navy federals Va Loans as well! I really hope you enjoy the information on this video, hope you consider subscribing!

Thanks for Watching!

👉 💰SoFi Checking & Savings Account (Get up to $325)

Use my link to get a Free Stock worth up to $200!

👉📸Equipment I use 👇👇👇👇

(Use my Amazon Associate affiliated links from which I earn a small commission. This
does not affect you as a customer at all, but helps you support the channel so I can keep
making videos for you guys!) 😃

📲💻RECOMMENDED VIDEOS 👇👇👇👇

FOR MORE CREDIT BUILDING TIPS WATCH THESE VIDEOS👇

✅Lets be friends:

✅My other Channels:

✅ My name is Ismael Sandiford and my friends call me Ish.
I Live in Long Beach, California.
My goal with this channel is to help as many people as I can through these videos! I go over
topics such as how to build credit, credit cards, real estate and other money related topics. So
if you are interested in those topics, consider Subscribing!

✅ Legal Disclaimer:
By watching this video you agree to not use the information as legal or financial advice.
This presentation has been prepared for entertainment purposes only and is not intended
to provide and should not be relied on for tax, legal, accounting or financial advice.
You should always consult your own legal counsel before engaging in any transaction.
I am Not any of the following: CPA,financial advisor, insurance agent attorney or a credit repair company.
This information is based on my personal experience with the cards or topics mentioned.
The information in this video is not to be interpreted as legal or financial advise.

✅ Ismael Sandiford is a Licensed Real Estate agent in the state of California.

[MoneyOpulence]

This has been very insightful. I wish more YouTubers take the time to create quality content like you. I really appreciate you sharing your knowledge on VA loan. Keep it up!

[aviczie]

This is my first time seeing you without a hat

[empressempire]

I just applied for it earlier today I'm optimistic about getting the amount I am seeking. This information is golden because I knew nothing or even what to expect 😊. I shall update

[besthomesdfw]

Thanks for info but you forgot to mention that VA Funding fee is zero for disabled military veterans. That's a huge savings ranging from 2k up to $5k.

[andreaseay]

Thank you so much for the information. I was just about to apply at a Mortgage company but now apply with Navy. Thank you!!

[AuntieFairy]

Consider a mic. Too much echo. But excellent info and I’m grateful

[Cincy]

Just something you might want to add in your videos is Escrow to pay for property taxes and insurance premiums. Does NFCU require you to obtain an Escrow to cover the lender’s loan amount? Meaning, they will pay for the taxes and insurance and not you to make sure their loaned principal amount is covered. Another thing, your mortgage payment can go up due to having an escrow as these two areas in property taxes and homeowners' insurance will probably increase or could even if you have a fixed rate. Be careful with escrow as the lender will try to steal your money in their yearly analysis that is a projection on how much you may owe in taxes. They may calculate too little or too much to make you pay more in your monthly mortgage payments. That is why I am asking about NFCU and an escrow. Do they require you to have one to protect themselves. Lastly, does NFCU sell your mortgage to another lender? I have never applied for a credit union mortgage loan before as why I am asking. It causes you problems in many ways if they do. Something for everyone to think about. I would love to read your input on my questions and comments. Thanks for the informative video with an NFCU mortgage loan.

[rdeyegirl]

Navy federal play on words too much! If you didn’t know better, PMI don’t even belong in the same category as a government backed loan. Even though they work the same to me bc it’s add money to your mortgage, it’s just one is shorter. The MIP is for the life of the loan ( FHA, VA or USDA) unless you refinance your home to a conventional home loan. Also, for my military service ppl…..keep In mind that unless your disability rating is 100% service connected or Purple Heart 💜 check with your lender to see if your compensation puts you at exempt. All of this will be stated on your COE ( Certificate of Eligibility) listed with the VA. Otherwise, your no money down will be added and financed into your loan under VA Funding Fee.

[ladysarabia]

Very useful information where are you located I’m in California

[teesnapz]

Thank you, so very helpful. I was having a hard time understanding seller points!

[MrJShobey]

We definitely need to talk. I live in the SoCal area myself and is looking to buy a home.

[paperroses]

NFC does do a credit check ✔️ for mortgage loans!

[miguelcollado]

I just fired the loan officer from Navy Fed. Did not answer my calls and when she got back to me (3 days later), it was via email to tell me that the “system was down”. My reply: “I no longer require your services”. Went to another lender and got pre-approved in less than 3 hours. Never again with NFCU.

[oshynclair]

Have you seen the lawsuit about Navy Federal Credit Union denied African American Mortgage loans?

[MsDC-thzc]

Great video...greatly needed information since I'm in the market for a home.😊 Thanks

[FourCornersCustomProducts-CCP]

Thank you very much for sharing your knowledge it very informative information...

[mrfamu]

Thanks for the insight! Do you happen to know how NFCU calculates student loan (SL) debt into DTI? Is it 1% of overall SL debt or do they use your SL monthly payment?

[letstalkaboutit]

Hello, thanks for this information; it helped a lot.

[bloggerdude]

Im going to be joining the navy within the next few months here and i know that i definitely want top buy a house. born and raised in san diego and i hope i get stationed here, and if so i would love to work with you in order to buy a home, whats the best way to get in contact with you, should the stars align.

[mrhrcollins]

Does the max loan amount change per state because I haven’t even seen anything nice and spacious for under 450, 000 in Los Angeles for example.