Looking for a mortgage? Here is some helpful information:
The pre-qualification process requires that you submit an application (leaving property information blank), which will then be reviewed by a mortgage professional who will run a credit report and provide you with the amount you qualify for as well as help you identify the mortgage program best suited to your needs.
A pre-qualification will help you determine what you can afford as you start your home buying search. To obtain this dollar amount, your credit score will be verified and supporting documents may be required to confirm information provided in your application.
Once you have selected a home, a pre-approval provides you with an approval for a specific loan amount. To secure a pre-approval, a mortgage underwriter will obtain your credit score, verify documentation, and review your home loan application.
Use these calculators to determine monthly payments, whether paying points for a lower interest rate is right for you, and more.
Visit our Resource Center for more information regarding our loan programs, rates, helpful Q&A's and more!