What to Expect Through the Mortgage Process

Your offer has been accepted, and you are officially under contract on the purchase of your new home! What happens next? 

In this podcast episode, we detail the steps in the home buying process now that you are under contract and answer your most pressing questions, such as:
How much does a home inspection cost, and what do they check?
How is homeowners’ insurance different from mortgage insurance?
What supporting documents will I need to complete my loan approval?
What is an appraisal?
What documents will I need to bring to closing?

When you are ready to start the home buying process CommunityAmerica Credit Union offers resources to help you get into a new home you love. 

This podcast is brought to you by CommunityAmerica Credit Union.  This recording is for educational and entertainment purposes only.  It is not intended to replace the advice of a loan representative or financial advisor.  The examples provided are for illustration purposes only and may not apply to your situation.  Since every situation is different, we recommend speaking to a loan representative or financial advisor regarding your specific needs. All loans are subject to approval.   You may also want to contact your tax advisor for additional tax implications. Any reference to third-party websites are provided for information purposes only and are not endorsed by CommunityAmerica.  CommunityAmerica is an equal housing lender. Please visit CommunityAmerica dot com to learn more about how we can assist you in achieving your Financial Peace of Mind.