Navy FCU Merrifield VA Financial Services and More

Navy FCU offers a wide range of financial services to its members in Merrifield, VA.

Their financial services include checking and savings accounts, credit cards, loans, and investment options.

Members can also take advantage of online banking and mobile banking services for convenient access to their accounts.

Navy FCU has a strong commitment to financial education and offers resources to help members make informed financial decisions.

Navy FCU Merrifield VA Services are easily accessible by mail. To reach Navy Federal Customer Service by mail, you'll need to choose the correct address depending on your request type.

For general mail and deliveries, you can send your request to a standard address, but we don't have that information in our data. Credit and debit card inquiries should be sent to PO Box 3501 in Merrifield, VA 22119-3501. Loans require a separate address, PO Box 3100 in Merrifield, VA 22119-3100. If you're dealing with mortgages and equity, send your request to PO Box 3300 in Merrifield, VA 22119-3300.

Navy Federal Credit Union offers several mortgage options, including a VA loan with no down payment required and a Military Choice loan for active-duty, reserve, or veteran members that also doesn't require a down payment. This loan is structured similarly to a VA loan, but is available to all qualifying members.

Their Homebuyers Choice loan is a 30-year option with no down payment required and no PMI, available to all qualifying members. Navy Federal also offers a Conventional loan with a fixed-rate option, requiring at least 5% down.

You can choose between a fixed-rate mortgage and an adjustable-rate mortgage, with the latter offering lower rates but with potential rate increases affecting your monthly payments.

If you take out a loan with a cosigner, you can apply to have that cosigner removed from the loan after making 12 consecutive, on-time payments.

Many lenders require two years or more for cosigner release, but Navy Federal Credit Union offers a relatively short period of 12 months.

Having a cosigner removed from a loan can be a big relief, especially if you're looking to establish credit on your own.

Navy Federal's 12-month cosigner release period is a notable exception to the industry standard, giving borrowers more flexibility and control over their loan.

Navy Federal Credit Union offers a variety of mortgage loan options, each with its own unique features and benefits.

Navy Federal was the fourth-largest VA loan lender in 2023, underwriting over 17,000 loans. It offers VA loans with 15- and 30-year term lengths and doesn’t require a down payment.

The Military Choice loan is a one-of-a-kind mortgage option available to active-duty, reserve, or veteran members. It's similar to a VA loan, with no down payment required and no PMI.

The Homebuyers Choice loan is available to all qualifying members, with no military service restrictions. This 30-year loan is similar to the Military Choice loan, with no down payment required and no PMI.

Conventional loans are also available, with 15- and 30-year term lengths. Navy Federal requires a 5% down payment, but doesn't charge PMI if you put down less than 20%.

Navy Federal's mortgage options are available as fixed-rate or adjustable-rate loans. Fixed-rate mortgages keep your rate the same over the life of your loan, while adjustable-rate mortgages can offer lower rates but may increase over time.

Here are the different types of mortgage loans offered by Navy Federal:

Navy Federal Credit Union offers some amazing mortgage and loan guarantees to help you achieve your homeownership dreams.

The Rate-match guarantee is a game-changer - if you find a lower rate from another lender that matches Navy Federal's offer in every way except for the rate, you'll get a $1,000 cash refund. This means you can shop around and compare rates without worrying about losing out on a great deal.

Navy Federal also offers a Lock and Shop option, which allows you to lock in your rate for up to 60 days while you shop and another 60 days while you close. This gives you peace of mind and flexibility in your home-buying journey.

If you're worried about rate increases, the No-Refi Rate Drop program is a lifesaver - you can lower your rate one time if rates drop within six months after you buy your home, with a one-time $250 fee.

Here are some details about Navy Federal's mortgage and loan guarantees:

If you're planning to visit Navy FCU in Merrifield, VA, you'll want to know your transportation options. The nearest metro station is Spring Hill, which is a 28-minute walk away.

There are several bus lines that stop near Navy FCU, including the 401, 461, 462, 463, and 467. The closest bus stop is Electric Ave And Chestertown Dr, which is just a 4-minute walk away.

If you're using the metro, you can take the METRORAIL ORANGE LINE or METRORAIL SILVER LINE. The METRORAIL ORANGE LINE is the first metro that goes to Navy FCU, stopping nearby at 5:00 AM.

Here's a list of the nearest public transit stops to Navy FCU:

You can use the Moovit app to get step-by-step directions from the nearest public transit station. With Moovit, you can view schedules, routes, and timetables, and even find alternative routes or times if you need to get to Navy FCU earlier.

At Navy FCU's Merrifield, VA branch, you can take care of your banking needs in person. The branch is open Monday through Friday from 9:00 AM to 5:00 PM.

You can also contact Navy FCU's customer service team by phone at 1-888-842-6328. They're available to answer your questions and help with any issues you're experiencing.

Navy FCU's online banking platform is available 24/7, allowing you to check your account balances, pay bills, and transfer funds from the comfort of your own home.