Mortgages & Equity

Whether you’re making your first home purchase, relocating or refinancing an existing mortgage to lower your rate, Norfolk Community Federal Credit Union’s dedicated mortgage team is here to help you make the right financing decision.

First Mortgage

  • Fixed Rates
  • For loans up to $400,000
  • LTV of less than 80%
  • 1-4 Family owner-occupied
  • Offered through Allanach Mortgage Group
  • First Time Home Owner Program
WE OFFER TERMS OF 10, 15, 20, 25 AND 30 YEARS
Purchase or Refinance, No Points, No Application Fees!

Government Sponsored Real Estate Loans

Norfolk Community FCU, through our partner Allanach Mortgage Group, is proud to offer our members Federally Secure Mortgage Programs – FHA, VA, Rural Housing, and Reverse Mortgages. There are several options for members looking to purchase or refinance and receive cash out. 96.5% and 100% financing available.


Purchases or Refinances available for members with lower Fico scores and higher LTV’s. Solid fixed rate loans. Also loan rehabilitation on new or current homes.

VA Mortgages

30 Year Fixed Rates
-100% Financing
-Available on purchases and 90% LTV cash out.

Reverse Mortgages

A valuable financial tool for seniors 62 and older. This mortgage option gives them the opportunity to increase their monthly cash flow so they may live their life to the fullest.

Home Equity Loans

Finance college tuition, home improvements and other large expenses. Consolidate your bills. Borrow from $20,000 up to $125,000 of appraised value of your home minus outstanding liens.