Getting Started

What You Need to Know

• Determine Your Budget
• Get Pre-qualified Online (choose a lender to start)

• With a fixed rate mortgage, the monthly principal and interest payments remain the same
  through the life of the loan, making this option ideal for those who need to know exactly what they
  will pay each month.

• Commonly referred to as an ARM, this type of mortgage is a loan that offers a lower initial interest
  rate than most fixed rate loans. The trade-off is that the interest rate can change periodically –
  making your monthly payment go up or down throughout the life of the loan.
  

• Rural Development Loans (USDA)
  These loans help those in qualifying rural areas become homeowners. Up to 100% financing
  in small populated cities and surrounding rural areas for first-time home-buyers and previous
  homeowners.

• Federal Housing Administration (FHA)
  Low down payment requirements, flexible credit and income guidelines are the key features
  for this loan.

• Department of Veterans Affairs (VA)
  For Service Members and Veterans, these are government-insured fixed or adjustable rate loans
  with low down payment requirements and flexible qualifications.

• Interim Construction
  Short-term financing for the construction of a new home with favorable interest-only payments
  during construction.

• Home Improvement Loans
  A loan given for improvements to your existing home or home being purchased.

• Consumer Land Loans
  A loan for purchasing small acreage or lots for your future home.

1. Gather Documents

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