The Mortgage Process
Buying or refinancing a home is about you and your financial well-being. Here, you can explore all the mortgage options available to you quickly and easily, and feel good knowing you're increasing your participation in a community-focused organization that cares about your financial future.
Select the Type of Loan You Want
Simply answer some questions in the Mortgage Center. Then decide on the loan that works best for you, based on:
- Your monthly income.
- Your credit profile.
- How much you want to spend on a home, or if you're refinancing, how much you still owe on your current mortgage.
- Down payment options.
- How long you're planning to stay in your home.
- How much flexibility you have with your monthly payments.
Using this information, you'll be able to preview a variety of loan programs and pricing options. For information on total costs, you can use the Estimated Closing Costs tools. If you have any questions, Contact Us to speak to a Nusenda Mortgage Loan Specialist.
Apply For the Loan
For your convenience, we've simplified our loan application. To begin, start gathering this information:
- Personal Identification
- Property Information
- Assets
- Liabilities
- Declarations
Processing Your Loan
Part of every mortgage application includes collecting and verifying information - and every loan request is unique. To ensure a fast and simple process, one of Nusenda's local Mortgage Loan Specialists will review your application, and contact you with questions. You can also contact us with questions.
Final Loan Approval
Final loan approval involves underwriting your new home, or your existing home if you are refinancing, and the information on your loan application. Once we've reviewed this information, we will give you a final approval, and then prepare your loan documents for closing.
Closing
With final loan approval, we prepare the loan documents for you to sign and send them to an escrow (title) company. Once we review and approve the signed documents, funds will be transferred to the escrow company. They then fund the loan and record the documents at the county level.
