Credits unions that are proactively promoting their mortgage businesses are offering terms that are elusive at most banks. Some are helping buyers with their expenses by refunding portions of real estate agents’ commissions, for example, while others are lowering down-payment criteria and closing-cost assistance. NASA Federal Credit Union offers zero-down mortgages up to $650,000 with no private mortgage insurance. Navy Federal offers zero down payments, no private mortgage insurance premiums and, for those who qualify, the standard menu from the FHA (3.5 percent minimum down) and the Department of Veterans Affairs (nothing down). | Read More