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We’re here to help every step of the way.
Whether you choose a conventional, jumbo, or government-backed loan, the mortgage process follows the same basic steps. At no point will you be on your own. We'll be here to guide you along the way.
Learn how much house you can afford. Let's look at your income, assets, debts, and past credit use to get a general idea of how much you could borrow. Then, you can start shopping in your price range.
Next, your home loan advisor will work with you to collect all of your documents to complete your application. Your mortgage preapproval will show the exact amount you can borrow, and it's good for 90 days.
Our underwriters can get started before or after you find the property you want to buy. They'll issue a conditional approval identifying specific requirements to meet before approving your loan and clearing it to close.
You're in the home stretch now. For final approval, we'll need all the details, including information about the property. Once the paperwork looks good, it's time to schedule a closing for your mortgage.
Closing is the time to sign your mortgage documents. Bring a valid ID and the certified funds listed on your Closing Disclosure, such as your down payment, closing costs, and any prepaid items. Congratulations!
Use our home loan calculators to break down the costs of buying a new home. How does a higher or lower down payment affect your monthly payment? Should you get a fixed or adjustable rate mortgage? Play around with different scenarios so you can make informed decisions about your home loan.
Start the mortgage process in whatever way is convenient for you. Whether you're just starting to look or ready to buy, we're here to help from now through closing and beyond.
Start your loan application here. Don't worry—if you get stuck, we're just a phone call away.
We'll help you find the right loan, start your application, and answer your questions.
Connect with a local expert and meet remotely or at a nearby branch. We'll guide you through the entire home loan process.
7th Largest Bank Mortgage Originator
We're an award-winning lender with more than 35 years of experience connecting customers to the right mortgage solution for their needs. With hundreds of conventional, jumbo, and government-backed options available, we'll find the right home loan for you, too. Whether you are buying a new home or ready to refinance, you can trust our simple application and streamlined process to get you to closing on time.
Programs for qualified borrowers. All borrowers are subject to credit approval, underwriting approval, and product requirements, including loan to value, credit score limits, and other lender terms and conditions. Fees and charges may vary by state and are subject to change without notice. Some restrictions may apply. Not a commitment to lend. A loan advisor will review and provide you with the terms, conditions, disclosures, and additional details on the interest rates that apply to your individual situation.
Pre-Qualification request is an inquiry only, not an application for credit or a commitment to lend and does not guarantee loan approval or denial. This prequalification provides you an estimate of how much you may be able to borrow based upon a preliminary review of your credit history, income, and assets. For a credit decision, you must submit additional information for review and approval. Interest rates and loan program guidelines are subject to change without notice.
A preapproval is an initial determination of an applicant’s ability to borrow up to a certain amount. It is based upon certain assumptions resulting from an initial review of incomplete credit information criteria. A preapproval is not an approval of a completed application nor is it a commitment to lend or a guarantee of any particular loan product, features or terms. Final loan approval follows a comprehensive analysis of an applicant’s creditworthiness, the satisfaction of all product-specific underwriting requirements and conditions and property acceptability and eligibility.
Flagstar Bank NMLS# 417490
