News

The Process of Buying a Home

POSTED IN ADVICE ON FRIDAY, NOVEMBER 21, 2014

Ready to buy a home? Let Veridian answer your questions!

Buying a house doesn't need to be overwhelming. Use this simple-to-use guide to break down the process into a series of easy steps to get you into the home of your dreams.

Save up for the down payment
The first step in buying a home is to start saving for your down payment. Even if you obtain a loan with 100% financing, you may still end up needing money for closing costs, fees, or even new furniture. How much can I borrow?

Find the best loan option for you
When it comes to home financing, there are many different Mortgage Loan types to choose from. For help determining the right fit, contact one of our Mortgage Loan Originators today.

The application process
Applying for a Mortgage Loan can be very intimidating. You're asked specific details about your income, assets, and debts. 

Closing
After your loan is approved, a closing date will be set. The closing will take place at the office of our attorney. If you are purchasing a new home, the seller usually will be at the closing to transfer ownership to you. During the closing you will be reviewing and signing several loan papers. The closing agent or attorney conducting the closing should be able to answer any questions you have or you can feel free to contact your Loan Officer if you prefer.

No matter where you are on your journey, we can help! Contact one of our friendly, knowledgeable Mortgage Loan Originators for any questions about the process.

Locate a Branch

Locations in Iowa and Nebraska to serve you.

Image of Veridian Branch