- Credit Considerations for Homebuyers, Here are three common considerations about mortgages and your credit. If you have any other questions, please ask us. How does my credit score affect my mortgage? It's no surprise that your credit score matters when buying a home and applying for a mortgage. Generally speaking, if you have a higher credit score, the more likely you will be approved for the loan and have a more attractive interest…, Useful Mortgage Resources:, Mortgage Rates – Browse mortgage rates for various mortgage products. Loan and Savings Calculators – Crunch the numbers. How much home can you afford? What should your down payment be? Mortgage Products - Browse mortgage products. Mortgage Application - Are you ready for the next step? Apply for a mortgage or prequalification .
- Buying a House? Consider These Handy Tips., You want to buy a house. Great! But there's a lot to buying a new home. It's a big change that affects your life in several ways. That said, you want to make buying your new home the best experience possible now and in the long run. To help you out we compiled a list of home buying and mortgage tips. Hopefully, this handy list will be helpful to you as you move forward with your new home purchase…, Useful Mortgage Resources:, Mortgage rates – Browse mortgage rates for various mortgage products. Loan and Savings Calculators, – Crunch the numbers. How much home can you afford? What should your down payment be? Mortgage Products - Browse mortgage products. Mortgage Application - Are you ready for the next step? Apply for a mortgage and prequalification .
- What Affects Mortgage Interest Rates When Buying a Home?, Once people decide they'd like to buy a home, they want to know what interest rate they can expect from a mortgage. After all, buying a home is an important decision and the interest rate is a big factor that determines what the payments will be. It's a good idea to understand what affects mortgage interest rates . That way you can do your best to secure the best interest rate for your home…, Useful Mortgage Resources:, Mortgage rates – Browse mortgage rates for various mortgage products. Loan and Savings Calculators – Crunch the numbers. How much home can you afford? What should your down payment be? Mortgage Products – Browse mortgage products. Mortgage Application – Are you ready for the next step? Apply for a mortgage or prequalification .
- One of the common questions people have regarding mortgages is whether a 15-year or 30-year mortgage is better? Like many financial decisions, the right answer depends on your personal financial circumstances, objectives, and concerns. What stage of life are you in right now? All of these can be factors in deciding between a 15- or 30-year mortgage. A 15-year mortgage can save you a lot of money…, Useful Mortgage Resources:, Mortgage rates – Browse mortgage rates for various mortgage products. Loan and Savings Calculators – Crunch the numbers. How much home can you afford? What should your down payment be? Use our calculators to explore your options. Mortgage Products - Browse mortgage products. Mortgage Application - Are you ready for the next step? Apply for a mortgage or prequalification .
- (The Seventh is Through the Front Door), Whether you're a first-time homebuyer or seasoned homeowner, purchasing a new place to live can be an exciting time. It can also be a little stressful. The friendly experts at Visions can help take some of the pain out of the home-buying process with these simple steps., Clean up your credit., Credit is always king, but it takes center stage during the mortgage process. Paying down your credit card balances, consolidating your debts , and getting rid of any derogatory marks will get both your credit score and debt-to-income ratio in better standing. Need support with this step? We offer free credit counseling . , Prequalify., Stop into one of Visions' convenient branches with 30 days of pay stubs, two years of W-2s or tax returns, and two months of bank statements. Prequalification is free for Visions members, helps you set a realistic price, and lets sellers know you're serious. , Start shopping., You're ready – congratulations! It's a big decision, but a lot of fun to see how your dreams take shape. , Apply for a loan., Call 800.242.2120 to schedule an interview or apply online. , Wait a little., Our mortgage processors will order a flood certification, an appraisal to determine the market value of the property, and a credit report. Upon approval, the mortgage department will issue a commitment letter agreeing to finance your home, which you should receive in seven to 10 business days after your mortgage file is processed. Review it with your attorney, sign it, and return it as soon as…, Close., The closing is the meeting where the credit union issues your mortgage, property ownership is transferred to you, and you get the keys. Visions prepares a closing checklist so you can work with your attorney to make sure nothing delays the process. In addition, Visions' mortgage process is designed with you in mind. Whether you're concerned with down payments or if it's your first time in the…, Useful Mortgage Resources:, Mortgage Rates – Browse mortgage rates for various mortgage products. Loan and Savings Calculators – Crunch the numbers. How much home can you afford? What should your down payment be? Mortgage Products - Browse mortgage products. Mortgage Application - Are you ready for the next step? Apply for a mortgage or prequalification .
