The right loan for your new home.
Buying a home is a big decision—no matter what stage of life you’re in. That’s why our mortgage loan officers take the time to help you find the right loan and terms that fit your lifestyle and budget.
From pre-qualification to closing, we make the process as smooth as possible. Here’s a list of what you can expect when working with Bank Iowa as your trusted mortgage lender.
If you're thinking about buying a home, the first step is to select a mortgage loan specialist to help you establish your mortgage budget. Your Bank Iowa mortgage lender will discuss your financial goals and homeownership plans. You can expect to be asked questions like:
These questions will help us establish the best mortgage product to fit your budget and lifestyle.
Once we understand your goals, we can begin the home-buying prequalification phase. If you have all your required materials prepared, this part of the process takes just a few minutes. You can also bring these items to our initial conversation to take care of both phases at once. Once you’ve completed this step, you can use your Bank Iowa loan pre-qualification approval when you’re making an offer on a home – it is valid for 60 days.
What you’ll need:
Once your home purchase offer is accepted, Bank Iowa will move quickly to complete your mortgage application to get you to closing as fast as possible. You can apply with Bank Iowa Mobile Mortgage online or in the Bank Iowa Mobile Mortgage app. Just sign up and select your mortgage lender to get started! We’ll notify you at each step on your journey to home ownership, keeping the process moving forward and keeping you informed. With our in-house, local underwriting team, your mortgage experience is likely to be swift and easy.
What you’ll need:
The last phase of your Bank Iowa home mortgage process is arguably the most exciting. The closing is the final step in the purchasing and financing of a home – it completes the mortgage application and transfers your new home to you! Your Bank Iowa mortgage loan specialist will work with you closely to coordinate what you need to know. In short, expect to receive and/or sign several documents. Once this phase is complete, all that will be left is planning the move into your new home!
*Subject to credit approval.
Let's make that dream home a reality!