The Mortgage Process
Getting Started
Mortgage rates are currently at 50-year lows; however, many eligible borrowers are reluctant to apply for a mortgage because of misinformation about getting one.
Find out exactly what you need and how to get started today.
Get the facts about getting a mortgage today
Applying for and Getting Your Mortgage
Once you have selected your lender and type of mortgage, it is time to submit your application and get your loan approved. Find out what you’ll need to know to successfully manage the process.
Learn more about the mortgage process
Understanding Your Costs
Your lender is required by law to provide you with several important documents that help you determine – and understand – costs associated with obtaining your mortgage. Make sure you know your overall costs and rights upfront.
Find out more about the costs of getting a mortgage
What to Expect at Closing
You will sign many important documents at closing, the final step in the homebuying process when the property is legally transferred to your name. Make sure to read each document thoroughly and ask questions so you understand legal implications of each one.
Tools and Resources
Educational Resources
- CreditSmart® Online Training
- Mortgage Rates Hit 50-Year Low
- Avoiding Financial Traps
- Buying a Home
- Understanding the Mortgage Documents
- Step-by-Step Mortgage Guide
- Roles and Responsibilities
- Glossary of Terms
Calculators
Worksheets
Counseling Services
Get Smart About Credit
Take our online, interactive training courses to learn about credit, money management, and responsible homeownership.