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Application ProcessHEWFCU has an easy home buying process for all of our members interested in purchasing a home. We are committed to properly educating our members on the process as well as putting you in the home of your dreams. For more information, please contact our Mortgage Department at 800.742.5582 (Option 3, then Option 2) or email.
Home Buying
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1.���� Complete the online application.� A Mortgage Specialist will contact you via email and/or telephone within 24-48 hours to request additional information if needed and/or discuss the loan decision.
2.���� Upon receiving a pre-approval, you will receive disclosures via email as well as a list of supporting documents that you will need to provide to your Mortgage Specialist.� You can also print out your pre-approval letter to provide to your Real Estate Agent and officially begin your home search. (Please review the link to our Home Rebate program)
3.���� When you find a home, your Real Estate Agent must submit a ratified (signed) contract for this property to your Mortgage Specialist. �You can then lock in an interest rate.
4.���� Your Mortgage Specialist will order an appraisal, title search, flood insurance and title insurance on your property.� If the results of the services ordered are successful, your Mortgage Specialist will coordinate the closing date of your loan.
5.���� You will meet with a Settlement Attorney where you will sign documents to close your loan and receive the keys to your home!
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Refinance
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1.���� Complete the online application.� A Mortgage Specialist will contact you via email and/or telephone within 24-48 hours to request additional information if needed and/or discuss the loan decision.
2.���� Upon approval, you will receive disclosures via email as well as a list of supporting documents that you will need to provide to your Mortgage Specialist.�
3.���� Your Mortgage Specialist will order an appraisal, title search, flood insurance and title insurance on your property.� If the results of the services ordered are successful, your Mortgage Specialist will coordinate the closing date of your loan.
4.���� You will meet with a Settlement Attorney where you will sign documents to close your loan!
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