Home Buying 101

Preapproval

Show sellers you're ready, willing, and able to buy with free preapproval from CEFCU. It's quick, easy, and you can do it all online.

Protect yourself against rising rates -- even before you find a home. With Smart Lock, you can lock your rate for 90 days.

Your CEFCU Home Loan team will help you work through the application process. We'll discuss your finances and the home you want to buy.

Use the Home Loan Checklist for the list of documents you'll need to get through the process easier and faster.

If you have questions during the application process, we're here to help.

CEFCU NMLS ID #407798

Here's what happens between the time you find a home and apply for your loan, and the day you move in!

Appraisal: CEFCU will have the home appraised. It will be compared to other, similar, recently sold homes.
Private Mortgage Insurance (PMI): If you have a low-down-payment loan, you'll need PMI, so a PMI company will approve your loan.
Formal Approval: A CEFCU Home Loan Manager will review your file and authorize a final, formal loan approval.
Loan Closing: A meeting where you sign the final loan documents.

CEFCU may help pay your closing costs — find out more.