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Andrews Air Force Base, MD

The Best Mortgage Lenders in Andrews Air Force Base, MD

Compare verified mortgage lenders serving Andrews Air Force Base, Maryland. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.8
Avg Rating
474+
Reviews
6
Loan Types

Available Loan Programs in Andrews Air Force Base

VA Loans
Conventional Loans
FHA Loans
Jumbo Loans
Refinancing
USDA Loans

Featured Mortgage Lenders

1

Andrews Federal Credit Union

Andrews Federal Credit Union

★★★★☆
4.8/5

As the on-base credit union literally located at Andrews Air Force Base, Andrews Federal Credit Union is uniquely positioned to serve military personnel and their families. With exceptional 4.8-star ratings across multiple platforms, they specialize in VA loans and understand the specific needs of military borrowers. Their long-standing 75-year history serving the military community, competitive rates for service members, and deep understanding of military pay structures and benefits make them the top choice for Andrews AFB personnel. They offer specialized programs for PCS moves and deployment situations.

Experience:75 years
Reviews:285 customer reviews
1501 West Perimeter Road, Joint Base Andrews, MD 20762

Loan Types:

VA LoansConventional LoansFHA LoansJumbo LoansRefinancing
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2

Navy Federal Credit Union

Navy Federal Credit Union

★★★★☆
4.7/5

Navy Federal Credit Union maintains a strong physical presence near Andrews Air Force Base with multiple branches serving the military community. With nearly 90 years of experience serving armed forces members, they consistently earn 4.7-star ratings for their mortgage services. They offer some of the most competitive VA loan rates in the industry and have streamlined processes specifically designed for military borrowers. Their dedicated military lending specialists understand BAH, deployment considerations, and the unique financial situations of service members stationed at Andrews AFB.

Experience:89 years
Reviews:4 customer reviews
2950 Market Street, Camp Springs, MD 20746 (Branch near Andrews AFB)

Loan Types:

VA LoansConventional LoansFHA LoansUSDA LoansJumbo LoansRefinancing
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3

Success Mortgage Partners

Success Mortgage Partners, Inc.

★★★★☆
4.9/5

Success Mortgage Partners maintains an exceptional 4.9-star rating with numerous reviews specifically mentioning their expertise with VA loans and service to military families at Andrews Air Force Base. While based in Annapolis, they actively serve the entire Maryland region including Joint Base Andrews. Their team includes specialists who understand the intricacies of military lending, including how to properly calculate BAH income and navigate the unique timing challenges of PCS moves. They're particularly noted for their responsive communication and ability to close loans quickly, which is crucial for military families facing relocation deadlines.

Experience:20 years
Reviews:185 customer reviews
117 Main Street, Annapolis, MD 21401

Loan Types:

VA LoansFHA LoansConventional LoansJumbo LoansUSDA LoansRefinancing
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Frequently Asked Questions

Common questions about mortgage lending in Andrews Air Force Base, MD

Are there any special mortgage programs for military or civilian personnel at Andrews Air Force Base?

Yes, military and civilian personnel may qualify for VA loans, which offer 0% down payment and no private mortgage insurance. Additionally, Maryland's Mortgage Program (MMP) provides competitive rates and down payment assistance for first-time homebuyers, which can be combined with your base benefits for greater affordability in the Andrews housing market.

What are typical mortgage rates like in the Andrews Air Force Base area compared to the rest of Maryland?

Mortgage rates in the Andrews AFB area are generally competitive with statewide averages, but may be slightly lower for VA and FHA loans due to the high concentration of military borrowers. Local lenders familiar with base personnel often offer special rate discounts or reduced fees for service members and government employees.

How does being PCS'd affect my mortgage if I buy a home near Andrews Air Force Base?

If you receive PCS orders, you may qualify for the VA's Interest Rate Reduction Refinance Loan (IRRRL) to lower your rate if you convert to a rental, or you can sell using a VA assumption where another qualified buyer takes over your loan. Many local lenders near Andrews specialize in these military-specific scenarios and can guide you through the process.

What should I know about property taxes when buying a home near Andrews Air Force Base?

Prince George's County offers several property tax credits for homeowners, including a Homestead Tax Credit that limits assessment increases. Military homeowners may also qualify for additional exemptions, and some new construction near the base may have temporary tax abatements - it's important to work with a local real estate agent who understands these county-specific benefits.

Are there any first-time homebuyer programs specifically for Andrews AFB area residents?

Yes, the Prince George's County Department of Housing offers the 4YourHome program providing down payment and closing cost assistance up to $10,000. This can be combined with Maryland's first-time homebuyer programs and is particularly valuable given the competitive housing market surrounding the base, where down payment funds can be a barrier to entry.

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Why Choose a Mortgage Lender in Andrews Air Force Base?

Local Market Knowledge

Lenders who understand Andrews Air Force Base's housing market can offer better guidance and competitive rates.

Multiple Loan Options

Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.

Proven Track Record

Work with lenders who have years of experience and hundreds of satisfied customers in Maryland.

Ready to Find Your Perfect Mortgage Lender?

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