Buying a Home
Ready to purchase your dream home? Our Home Loan experts are standing by to help you with the loan to fit your needs, with benefits like fixed interest rates, down payments starting at 3%, and escrow options*.
HOME LOAN OPTIONS
Homestead Loan Terms
(Conventional and First Time Home Buyers)
- Maximum loan advance is 97%* of purchase price or appraisal value, whichever is less
- Maximum term of 30 years
Second/Vacation Home Loan Terms
- Covers purchases and refinances
- Maximum loan advance is 80% of purchase price or appraisal value, whichever is less
- Maximum of 80% loan to value on refinances
- Maximum term of 15 years
READY TO GET STARTED?
WE’RE HERE TO HELP.
New Home Loan Inquiries: Call 361-986-4500 and press 5, then 2
Existing Home Loans: Call 1-866-840-4152
Home Loan Payoff Requests: Call 1-866-840-4152
LOAN APPLICATION CHECKLIST
HERE’S WHAT YOU’LL NEED
All applicants must provide:
|Retirement, Pension, Disability||
SIX STEPS TO BUYING YOUR HOME
Simply click “Apply Online” to begin your Home Loan Application. Start gathering your income documentation.
NavyArmy will underwrite your loan so you can move forward with house hunting, refinancing or construction.
Find the home you love, or if you’re refinancing, move to processing.
We’ll do the heavy lifting to get appraisal, title validation, homeowner’s insurance and balancing your Closing Disclosure.
Our Quality Assurance Team certifies your loan is ready for closing. We aim to deliver your Closing Disclosure five days prior to eliminate any closing day surprises.
This can place at a Title Company or with your Home Loan Expert. Congratulations, you’ve completed the home buying process!
*New loans determined to be in a flood zone are required to have escrow.
*97% First Time Homebuyers