We Are Committed to Your Homebuying Success

Purchasing a Home… Redefined

Let a seasoned lending professional dedicated to your community provide support throughout the entire homebuying process.

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The Art of Refinancing

With skill and resourcefulness, our lending professionals successfully navigate the refinancing landscape.

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Let Us Exceed Your Expectations Each Step of the Way

Prev Step
Next Step
step-1
1. Pre-Qualification
step-2
2. Making an Offer
step-3
3. Mortgage Process
step-4
4. Closing Process
step-5
5. Making Payments

1.

The first step toward a home purchase is getting pre-qualified for a loan. Your Loan Officer will review your financial information and determine how much you are qualified to borrow. As a pre-qualified buyer, your offer on a home is more likely to be accepted.

2.

Once you have found a home, you will make an offer to buy it from the seller. A real estate professional will conduct negotiations and a contract will be submitted to purchase, accompanied by the pre-approval letter. Once your offer is accepted, you will begin the application process.

3.

When the seller accepts your offer, you begin the mortgage process. Your Loan Officer will gather your financial information, loan application and provide the initial disclosures based on your loan terms.

4.

In the days leading up to settlement, you will be sent final documentation about your loan, including the Closing Disclosure. You must review, sign and return the paperwork a minimum of three days prior to your scheduled closing date.

5.

Your settlement documents will include instructions on how to make your first payment. While First Home Mortgage services many of our loans, it is possible servicing will be transferred. You will be mailed a notification that designates your mortgage servicer.

Prev Step
Next Step
step-1
1. Consultation (Prior To Pre-Qualification)
step-2
2. Pre-Qualification
step-3
3. Mortgage Process
step-4
4. Closing Process
step-5
5. Making Payments

1.

Your Loan Officer will review your financial information and determine if refinancing is the best option.

2.

You will submit a loan application.

3.

Your Loan Officer will gather your financial information, loan pre-qualification and provide the initial disclosures based on your loan terms.

4.

In the days leading up to settlement, you will be sent final documentation about your loan, including the Closing Disclosure. You must review, sign and return the paperwork a minimum of three days prior to your scheduled closing date.

5.

While First Home Mortgage services many of our loans, it is possible servicing will be transferred. You will be mailed a notification that designates your mortgage servicer.

Prev Step
Next Step
step-1
1. Pre-Qualification
step-2
2. Making an Offer
step-3
3. Mortgage Process
step-4
4. Closing Process
step-5
5. Post-Closing

1.

The first step toward a home purchase is getting pre-qualified for a loan. Your Loan Officer will review your financial information and determine how much you are qualified to borrow. As a pre-qualified buyer, your offer on a home is more likely to be accepted.

2.

First, identify a property that needs work that you want to renovate. From there, you will provide the following to your loan officer to prepare preliminary figures and make sure you qualify for this specific property and renovation amount. You will then receive a pre-approval letter and make the offer.

3.

The first step in the renovation process will be scheduling an appointment with a licensed consultant off of HUD’s consultant roster; they will help you determine the mandatory items that have to be done to get the home up to the minimum property standards for the appraisal and help you devise the scope of work for your wish-list items.

4.

In the days leading up to settlement, you will be sent final documentation about your loan, including the Closing Disclosure. You must review, sign and return the paperwork a minimum of three days prior to your scheduled closing date.

5.

During Post Closing, your contractor can begin the work. You will start making payments which works the same as a standard loan unless you’ve financed payments into the loan for when the home will be uninhabitable during the renovation.

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Learn More Through Our News and Resource Hub

What to Know About Paying Off Your Mortgage Early
Life at Home
September 15, 2021
What to Know About Paying Off Your Mortgage Early

A mortgage is a large, long-term expense and the prospect of taking on that kind of debt for years to come can be daunting. Just because you start out with a set repayment term for your loan doesn’t mean you can’t pay it off ahead of schedule. It is possible to pay off your mortgage […]

What Are Construction and Renovation Loans?
Mortgage 101
September 08, 2021
What Are Construction and Renovation Loans?

When most people think about mortgage loans, they think of the standard, long-term financial commitment to purchase a home. But did you know there are mortgages available specifically for building or renovating a home, too? Keep reading to learn exactly how you can benefit from a construction or renovation loan. Construction Loans Construction loans are […]

Using a Mortgage Calculator to Understand Your Home Loan Options
Mortgage 101
September 01, 2021
Using a Mortgage Calculator to Understand Your Home Loan Options

When considering buying a home or refinancing your current mortgage, it can be hard to know where to start and how to tell what the right decision is. While talking to a mortgage lender is always going to be your best bet for truly figuring out how much your home loan may be or if […]

What to Know About Paying Off Your Mortgage Early
Life at Home
September 15, 2021
What to Know About Paying Off Your Mortgage Early

A mortgage is a large, long-term expense and the prospect of taking on that kind of debt for years to come can be daunting. Just because you start out with a set repayment term for your loan doesn’t mean you can’t pay it off ahead of schedule. It is possible to pay off your mortgage […]

What Are Construction and Renovation Loans?
Mortgage 101
September 08, 2021
What Are Construction and Renovation Loans?

When most people think about mortgage loans, they think of the standard, long-term financial commitment to purchase a home. But did you know there are mortgages available specifically for building or renovating a home, too? Keep reading to learn exactly how you can benefit from a construction or renovation loan. Construction Loans Construction loans are […]

Using a Mortgage Calculator to Understand Your Home Loan Options
Mortgage 101
September 01, 2021
Using a Mortgage Calculator to Understand Your Home Loan Options

When considering buying a home or refinancing your current mortgage, it can be hard to know where to start and how to tell what the right decision is. While talking to a mortgage lender is always going to be your best bet for truly figuring out how much your home loan may be or if […]

What to Know About Paying Off Your Mortgage Early
Life at Home
September 15, 2021
What to Know About Paying Off Your Mortgage Early

A mortgage is a large, long-term expense and the prospect of taking on that kind of debt for years to come can be daunting. Just because you start out with a set repayment term for your loan doesn’t mean you can’t pay it off ahead of schedule. It is possible to pay off your mortgage […]

What Are Construction and Renovation Loans?
Mortgage 101
September 08, 2021
What Are Construction and Renovation Loans?

When most people think about mortgage loans, they think of the standard, long-term financial commitment to purchase a home. But did you know there are mortgages available specifically for building or renovating a home, too? Keep reading to learn exactly how you can benefit from a construction or renovation loan. Construction Loans Construction loans are […]

Using a Mortgage Calculator to Understand Your Home Loan Options
Mortgage 101
September 01, 2021
Using a Mortgage Calculator to Understand Your Home Loan Options

When considering buying a home or refinancing your current mortgage, it can be hard to know where to start and how to tell what the right decision is. While talking to a mortgage lender is always going to be your best bet for truly figuring out how much your home loan may be or if […]

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