The mortgage process: simplified.
When you’ve found the perfect home, you want the same for your home loan process. And at Northwest, we think you deserve it. So we stay accessible, communicate often and help you understand what’s happening every step of the way. When we’re focused on moving mountains for you, you can just focus on moving in. It’s another way we’re increasing the value of you.
No income restrictions
620 minimum credit score
Borrow up to $510,400
Purchase or refinance
Check rates
For more rate information, contact your local office, or call 1-888-884-4626.
Fixed or adjustable rates available.
Our standard low fees.
Down payment as little as 5%, based on credit score and other qualifying information.
Private mortgage insurance required with less than 20% down payment.
Can be dropped when your loan balance is 80% of the original value of your home.
No upfront mortgage insurance premium.
Income restrictions apply
680 minimum credit score
Borrow up to $510,400
Purchase and refinance options available
Fixed-rate and adjustable-rate mortgages available.
For more rate information, contact your local office, or call 1-888-884-4626.
Our standard low fees.
Down payment as little as 10%, based on credit score and other qualifying information.
Private mortgage insurance required with less than 20% down payment.
Can be dropped when your loan balance is 80% of the original value of your home.
No upfront mortgage insurance premium.
No income restrictions
700 minimum credit score
Purchase or refinance
Fixed-rate or adjustable-rates available.
15, 20, and 30 year fixed terms available. Competitive interest rates. For more rate information, contact your local office, or call 1-888-884-4626.
Our standard low fees.
Down payment as little as 10% based on credit score and other qualifying information.
Private mortgage insurance required with less than 20% down payment.
Can be dropped when your loan balance is 80% of the original value of your home.
No upfront mortgage insurance premium.
No income restrictions
680 minimum credit score
Purchase or refinance
Fixed-rate or adjustable-rate options available.
For more rate information, contact your local office, or call 1-888-884-4626.
Our standard low fees.
Down payment as little as 5% based on credit score and other qualifying information.
Private mortgage insurance required with less than 20% down payment.
Can be dropped when your loan balance is 80% of the original value of your home.
Available with credit score as low as 640
Seller contributions of up to 6% permitted
Property must be located in an eligible area
Must meet certain income restrictions
30-year fixed-rate option available.
No down payments required.
Ability to finance the up front USDA Guarantee fee, reducing your closing costs.
An up front USDA Guarentee Fee, plus an annual fee are required. The up front fee can be financed into the loan.
Available with credit score as low as 640
Purchase or refinance.
Seller contributions up to 4% permitted.
Fixed-rate and adjustable-rate loans available.
Abiliity to finance the up front VA funding fee reducing your closing costs.
No down payment required.
No private mortgage insurance required, reducing your monthly payments.
No income restrictions
Purchase or refinance options
Owner-occupied, 1-4 family residences eligible
Borrow up to $331,760
Fixed-rate loans available.
For more rate information, contact your local office, or call 1-888-884-4626.
Down payment as little as 3.5%
Up to 100% of your down payment can come from gift funds
Can use up to 6% seller’s assist to help with closing costs
While PMI isn’t required, FHA loans do require both an upfront and annual Mortgage Insurance Premium. The annual premium is part of your monthly payment. For additional information, contact your local office or call 1-888-884-4626.
Designed for MD, DO, DDS, DMD, or DPM designations.
Purchase or refinance.
Fixed-rate and adjustable-rate loans available.
For more rate information, contact your local office, or call 1-888-884-4626.
Our standard low fees.
Down payment as little as 0% based on credit score and other qualifying information.
The normal PMI requirement on mortgages is waived through this program.
First Time Homebuyer and Affordable Home Loan Programs
Purchase and refinance options available
Fixed-rate options available
For more rate information, contact your local office, or call 1-888-884-4626.
As little as 3% required for down payment.
Private mortgage insurance required with less than 20% down payment.
Can be dropped when your loan balance is 80% of the original value of your home.
No upfront mortgage insurance premium.
Low down payment options – as low as 3%
Income cannot exceed 80% of the area median income limits, based on property location
Homeownership education is required for at least one qualifying borrower, if all borrowers are first-time homebuyers
Purchase or refinance options
30 year, fixed-rate term.
For more rate information, contact your local office, or call 1-888-884-4626.
Financing up to 105%, in partnership with First Front Door program or other qualifying affordable second lien programs
No upfront funding fee
Origination fee is waived
Offers more competitive pricing with a credit-fee cap
Reduced mortgage insurance premiums are available.
Heroes Loan Program
Purchase and refinance options available.
Low, fixed-rate options available.
For more rate information, contact your local office, or call 1-888-884-4626.
As little as 3% required for down payment.
Private mortgage insurance (PMI) required with less than 10% down payment.
Can be dropped when your loan balance is 80% of the original value of your home.
No upfront mortgage insurance premium (MIP).
Mortgage resources
First Front Door Program
We offer a first-time homebuyer grant program funded by FHLBank Pittsburgh.
With our First Front Door (FFD) program, if you qualify, Northwest will match your contribution 3-to-1. For every $1 you contribute, you can receive $3 in grant assistance, up to a maximum of $5,000.
Click here to download more information about our FFD program.
We want to help you avoid foreclosure
Sometimes, life throws you something unexpected. If you're a Northwest customer having problems paying your mortgage due to reduced income or financial hardships, you may qualify for one or more of the programs we offer.
Give us a call at 888-884-4626 for more information.
If your loan is a Freddie Mac or Fannie Mae loan, click here. If you are unsure if it's a Freddie or Fannie loan, please call us at 800-789-8075 or email loss.mitigation@nwbcorp.com.