Buying a New Home

Before buying a new home, you should know the steps involved and the tools available to help you.

Four steps to a mortgage

Anyone interested in getting a home loan will need to go through the following steps:

1. Applying for a home loan
2. Underwriting and processing
3. Reserving your funds
4. Closing

How long it takes to apply and get approved for a mortgage depends on factors including the technology used in the application and underwriting processes. For example, the online home loan system that we've set up on our website lets us speed up the application process and underwrite loans faster.

And, because we can give you a decision in minutes rather than hours or days, you can get to closing faster than with the traditional process. Of course, if you ever have questions, our Mortgage Center is here to help at 1-800-811-5385.

Tools for obtaining a mortgage loan

Through our website and our Mortgage Center, we offer:

• An easy application process
• A full approval (pre-approvals are also available)
• A significant reduction in the number of personal documents and data required
• Streamlined appraisal requirements
• An approval decision, at no cost, for all the products that you qualify for
• A custom interest rate based on your financial information
• A quick decision on your home loan application – within minutes, not hours or days

Use our tools and calculators to see how much mortgage you can afford.

Then, when you’re ready to proceed with buying a new home, apply for a home loan.