Finding you a home
loan that works.

That's our homework.

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.

Conventional
Northwest Plus
Jumbo Mortgage
Construction Loan
USDA
VA
FHA
Physician
Hometown
Home Possible®
Heroes Loan Program
Conventional
Perfect if you're looking to buy a single-family home, owner-occupied primary residence, second home or investment property.
The basics

No income restrictions
620 minimum credit score
Borrow up to $510,400
Purchase or refinance

Rate information

Check rates
For more rate information, contact your local office, or call 1-888-884-4626.

Fixed or adjustable rates available.

Fees and down payments

Our standard low fees.

Down payment as little as 5%, based on credit score and other qualifying information.

Private mortgage insurance (PMI)

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.

Apply now
Northwest Plus
This program is tailored to customers who may not qualify for a conventional loan, but are otherwise creditworthy. Whether it’s a unique property, excessive acreage or challenges with documentation, our Home Loan experts are available to help you accomplish your goals.
The basics

Income restrictions apply

680 minimum credit score

Borrow up to $510,400

Purchase and refinance options available

Rate information

Fixed-rate and adjustable-rate mortgages available.

For more rate information, contact your local office, or call 1-888-884-4626.

Fees and down payments

Our standard low fees.

Down payment as little as 10%, based on credit score and other qualifying information.

Private mortgage insurance (PMI)

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.

Apply now
Jumbo Mortgage
Thinking big? So are we. Let us handle the heavy lifting for luxury home loans.
The basics

No income restrictions

700 minimum credit score

Purchase or refinance

Rate information

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.

Fees and down payments

Our standard low fees.

Down payment as little as 10% based on credit score and other qualifying information.

Private mortgage insurance (PMI)

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.

Apply now
Construction Loan
Looking to build the home of your dreams or renovate your current home? We've designed one of the most respected construction loans in the market to accommodate the needs of both you and your builder.
The basics

No income restrictions

680 minimum credit score

Purchase or refinance

Rate information

Fixed-rate or adjustable-rate options available.

For more rate information, contact your local office, or call 1-888-884-4626.

Fees and down payments

Our standard low fees.

Down payment as little as 5% based on credit score and other qualifying information.

Private mortgage insurance (PMI)

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.

Apply now
USDA
The United States Department of Agriculture (USDA) offers home loans for borrowers living in rural areas.
The basics

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

Rate information

30-year fixed-rate option available.

Fees and down payments

No down payments required.

Ability to finance the up front USDA Guarantee fee, reducing your closing costs.

Private mortgage insurance (PMI)

An up front USDA Guarentee Fee, plus an annual fee are required. The up front fee can be financed into the loan.

Apply now
VA
We want to thank our veterans for their service. The Veterans Administration (VA) has created a loan program which offers 100% financing, flexible credit requirements and no income restrictions.
The basics

Available with credit score as low as 640
Purchase or refinance.
Seller contributions up to 4% permitted.

Rate information

Fixed-rate and adjustable-rate loans available.

Fees and down payments

Abiliity to finance the up front VA funding fee reducing your closing costs.

No down payment required.

Private mortgage insurance (PMI)

No private mortgage insurance required, reducing your monthly payments.

Apply now
FHA
With an FHA loan, you can secure a home with as little as 3.5% down. The Federal Housing Administration helps make homeownership a reality with flexible down payment options and no income restrictions.
The basics

No income restrictions
Purchase or refinance options
Owner-occupied, 1-4 family residences eligible
Borrow up to $331,760

Rate information

Fixed-rate loans available.

For more rate information, contact your local office, or call 1-888-884-4626.

Fees and down payments

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

Private mortgage insurance (PMI)

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.

Apply Now
Physician
We want to take care of the people who help take care of us. To say thanks, we’ve created a loan program available to physicians and residents with certain medical designations.
The basics

Designed for MD, DO, DDS, DMD, or DPM designations.
Purchase or refinance.

Rate information

Fixed-rate and adjustable-rate loans available.

For more rate information, contact your local office, or call 1-888-884-4626.

Fees and down payments

Our standard low fees.

Down payment as little as 0% based on credit score and other qualifying information.

Private mortgage insurance (PMI)

The normal PMI requirement on mortgages is waived through this program.

Apply now
Hometown
We have loan programs designed for first time homebuyers and those who have limited funds for a down payment.
The basics

First Time Homebuyer and Affordable Home Loan Programs

Purchase and refinance options available
 

Rate information

Fixed-rate options available

For more rate information, contact your local office, or call 1-888-884-4626.

Fees and down payments

As little as 3% required for down payment.

Private mortgage insurance (PMI)

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.

Apply now
Home Possible®
You now have more options than ever when it comes to finding the right loan for your home. Through a partnership with Freddie Mac, Northwest offers the Home Possible® loan program, featuring low down payment options, as low as 3%, and fixed-rate options with terms up to 30 years.
The basics

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

Rate information

30 year, fixed-rate term.

For more rate information, contact your local office, or call 1-888-884-4626.

Fees and down payments

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 

Private mortgage insurance (PMI)

Reduced mortgage insurance premiums are available.

Apply Now
Heroes Loan Program
We have loan programs designed for the heroes within our communities like active military members, veterans, police officers, fire fighters and EMTs.
The basics

Heroes Loan Program

Purchase and refinance options available.

Rate information

Low, fixed-rate options available.

For more rate information, contact your local office, or call 1-888-884-4626.

Fees and down payments

As little as 3% required for down payment.

Private mortgage insurance (PMI)

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).

Apply Now
Conventional+
Northwest Plus+
Jumbo Mortgage+
Construction Loan+
USDA+
VA+
FHA+
Physician+
Hometown+
Home Possible®+
Heroes Loan Program+
Need a better idea of the numbers? Use our calculators to see what you can afford and more.
Take the next step toward home ownership

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.

Let us help you get started.

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