Home Loan Guide
Buying or refinancing a home is a big decision. Learn the basics on loan options, the application process, how your property is reviewed, and what to expect at closing and beyond.
Understanding the Process
The Right Mortgage for You
Conventional, Adjustable Rate, 10-Year Fixed, Jumbo, VA and FHA Loans. You have options.
No Application Fees
We charge fewer fees so more of your money goes toward your home and other expenses.
Closing Made Easy
Once you’ve found your dream home, we’ll confirm the details of your loan and help you navigate the closing process.
Home Loan Programs
When it comes to home financing, you’re not stuck with a one-size-fits-all option. There are several types of home loans, and each one works a little differently. The right choice depends on your budget, your credit, your down payment, and what you feel comfortable spending each month.
This section of the home loan guide walks you through the most common home-buying questions so you can figure out which home loan type fits your needs, whether you’re buying your first home, upgrading, or refinancing to save money.
Your Mortgage Application
The mortgage application process can feel intimidating, especially when you’re asked for detailed information about your job, income, assets, and debts. But there’s a reason for it: lenders use this information to understand your financial picture and make sure the loan amount you’re requesting is realistic for your budget.
Here we explain exactly how your information is reviewed and what lenders look for, so you feel prepared and confident before you apply.
The Home Appraisal
With a home loan, the property itself acts as collateral. That simply means the lender needs to make sure the home is worth the amount they’re lending you. A home appraisal helps confirm that the house is safe, meets basic standards, and holds enough value to back the loan.
This section of the home loan guide explains what a home appraisal is, why it matters, and what the lender is checking for during the property review.
Home Closing & Beyond
Once your home loan is approved and the closing date is set, you’re almost at the finish line. Still, closing day can feel stressful if you don’t know what to expect.
Here, you’ll learn what happens during a home closing, the documents you’ll sign, what final closing costs look like, and how the home loan officially becomes yours. We also cover what comes after closing, including when your first payment is due and how to manage your loan moving forward.
No matter where you are in the home-buying process, Argent Credit Union is here to help you feel confident and informed every step of the way. Your home loan doesn’t have to be confusing, and you don’t have to figure it out alone.
Your employees are very professional and courteous. Thanks for being in my corner.
-Paul M.
I love this bank and the wonderful employees.
-Angela G.
Argent Credit Union is an Equal Housing Lender registered with the National Mortgage Licensing System under registration number 421982.
As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age (provided you have the capacity to enter into a binding contract), because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. The federal agency that administers our compliance with these federal laws is the Federal Trade Commission, Equal Credit Opportunity, Cleveland, OH.
