Financing your home
Four steps to help you get started
Figuring out how to finance your home can be a daunting process — but it doesn’t have to be. Here are a few simple steps to get you started.
Start with the purchase price
Review your savings, income, property taxes, closing costs, and homeowner's insurance to set a budget range.
Set aside a down payment
Ranging from 3.5%–20%, the more you put down, the lower your mortgage payments will be.
Check your interest rate
Interest rates can fluctuate based on the economy and also depending on your loan and credit.
The length of your loan
Most mortgages are based on a 30-year loan, but this can change for your unique situation.We’re here to help