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We take the mystery out of homebuying

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You’re ready to buy a home but wonder what you can afford. Representatives in our Mortgage Department can guide you through every step – from credit score to closing.

“We tell prospective buyers they can usually purchase a home with a value two or three times their annual household income,” said Kim Gillette, assistant vice president of Mortgage Production. The amount depends on your employment and credit history, your assets, down payment and current debt.

A minimum credit score of 640 is typically needed, she said. “Apply online and we’ll respond within 24 hours.” Have employment information handy for you and a co-borrower if applicable, housing expenses and a list of your assets. You can save the information and return to the form anytime; our calculators and FAQs for first-time homebuyers will help.

These days, real estate agents require a pre-qualification letter that shows you are able to buy. Buyers who apply for pre-qualification will also receive the price range and loan amount you can afford, estimated interest rate and payments, and costs and fees associated with various loan types.

Family Trust makes it easy, said first-time homebuyer Loreal. “They were quick, kept me in the loop and walked me through everything. They were always there for me.”

Get started at our free workshop

See if you pre-qualify at our “Home-Buying Made Easy” workshop that begins at 10 a.m. Saturday, Feb. 25, at our Dave Lyle Boulevard branch. You’ll learn about credit scores, the mortgage process and financing options. Bring your most recent paystub. Register here.