HAMPTON, Va. — Navy Federal Credit Union and Freddie Mac have joined forces to announce an initiative to expand homeownership opportunities for military families, that includes affordable mortgage products and financial education workshops in the Tidewater/Hampton Roads area to help active duty military families plan for homeownership.

The initiative kicked off Nov. 28 at the Active Duty Home Buying Fair at NFCU's Hampton, Va. branch and featured affordable mortgage products, free advice for buying or refinancing a home, financial counseling, and information on grants and the Get The Facts! homebuyer workshops.

A highlight of the fair was Active Duty Choice Mortgage, NFCU's new mortgage solution exclusively for active duty military and reservists that provides more buying power at competitive rates with flexible credit terms, financing up to $417,000 and no additional private mortgage insurance, according to the credit union.

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