Home Loans

We know buying a home is a big step in your life, and working with the right person makes all the difference. Our mortgage bankers are rooted in the communities they serve and understand the importance of helping you find the right loan for your needs.

A general rule of thumb, according to the FDIC, is that you can afford a mortgage of two-to-three times your household income. For example, if your annual income is $50,000, you might be able to afford a mortgage between $100,000 and $150,000. Be sure to factor in other budgetary considerations as well:

• Are you paying off any other loans (student, auto, personal)?
• Think about the regular expenses that come with home ownership, like utility payments (electricity, gas, water, garbage and recycling).
• Emergency costs (e.g., an unexpected medical bill)
• Entertainment expenses (e.g., dining out, TV subscriptions) 

Want to see how much mortgage you might qualify for? Use this mortgage calculator!

In short, yes. Having a pre-approval letter shows sellers you’re ready and qualified to make a serious offer on a home and can secure a mortgage. It can also help speed up the closing process, among other benefits.

Want to get pre-approved for a mortgage? Connect with a banker.

Making a down payment of at least 20% generally allows you to bypass Private Mortgage Insurance (PMI), which can save you money down the road.

However, there are also loan programs, like Federal Housing Administration (FHA) loans for first-time homebuyers that have lower credit score requirements and as little as 3.5% down.

• Gather Documents

1. Your most recent two months’ Bank Statements (all pages)
2. Most recent two years’ W2s/1099s
3. 30-day pay stubs or Retirement/SSI Award Letters

• Application Options

1. Complete a Mortgage Application Package with all signatures (application and disclosures).
2. Visit a local branch for an application package - click here to make an appointment.
3. Apply online - click here to select a mortgage banker and complete an online application.

If you would like more information about anything home-related, reach out to one of our mortgage bankers.

They will be happy to help answer questions about home loan programs, credit score and down-payment requirements, closing costs, interest rates, estimated mortgage payments, and more!

Yes. We offer a large database of helpful articles, calculators, and answers to frequently asked questions like:

• Which mortgage is better for me?
• How much mortgage might I qualify for?
• How much can I afford?
• How much will my fixed rate mortgage payment be?