NASA FCU Offers 100% Mortgages
UPPER MARLBORO, Md. – NASA FCU has added what it said are two unique, high loan-to-value mortgages to its home loan portfolio: a 100% LTV loan up to $650,000 with no private mortgage insurance, and a 95% loan for refinancings, also without PMI.
The two mortgage products are available for a consumer’s primary residence in Maryland, DC and Virginia markets served by the $1.1 billion credit union.
“Changing times call for innovative and flexible mortgage products,” said Doug Allman, president of NASAFed.