Dreaming of owning your first house? It’s a milestone and an accomplishment, for sure, but not one that’s out of reach—especially with the right people to help you.
House hunting can be a hectic, stressful, and complicated process. Before going down the path of finding the perfect home, prepare yourself with the right information and materials to prequalify for a loan. Prequalification helps you understand what you can afford before you fall in love with a house outside of your budget.
When calculating the amount of your loan, your loan officer takes into consideration a few things, such as your employment history, credit score, and down payment. They can even help you determine if you qualify for first-time-homebuyer grants where a down payment may not be required!
At Union Savings Bank, we help first-time homeowners achieve their dreams every day. Watch the video below to learn more about the mortgage loan process and contact us today to get started!