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Flexible Mortgage Programs

Ideal for homebuyers with little funds for down payments or closing costs, our Flex97™ and MyCommunityMortgage™:

  • Require as little as 3% down required
  • Offer a choice of a 30-year Fixed Rate Mortgage or Adjustable Rate Mortgage with an initial interest rate period of 5-, 7- or 10 years.
  • Finance owner-occupied primary residence that may be a 1- 2 family home, condo (excluding new construction) and townhouse in New York State (No commercial property or Co-Ops)


Want to know more? Speak to a representative at any NEFCU branch, or at 516.561.0030 or (800) 99-NEFCU outside the LI/NYC area to hear about the terms and conditions of this loan, subject to credit approval. NEFCU's loan program offerings can change at any time.