When it comes to home loans, there are plenty of moving parts. This is your one-stop mortgage shop, providing you with the tools and resources you need to start your mortgage journey on the right foot.
Mortgage Learning Center
Get a clearer snapshot of your loan and explore what’s possible with our handy mortgage payment calculator. Over time, as markets change and both Nevada and California grow, interest rates vary. You may have an opportunity to save over the life of the loan. Estimate your monthly mortgage payment below to find out.
Often requested by realtors, getting pre-approved for a home loan is a best practice to help you determine how much you can borrow before placing an offer on a new place to call home. You’ll learn more about how pre-approval works with Greater Nevada Mortgage, and other important info to guide you on your homebuying journey.
Mortgage Documents Checklist
With home prices increasing and inventory shrinking, homebuyers in Nevada and California need every advantage available. Here are 13 documents you need to gather before you meet with a lender to start the process of securing your new mortgage.
APR = Annual Percentage Rate. APR is the cost to borrow money expressed as a yearly percentage. For mortgage loans, excluding home equity lines of credit, it includes the interest rate plus other charges or fees.
Rates and terms are subject to change without notice. Rates are for illustrative purposes only, and assumes a borrower with a credit score of 700 or higher which may be higher or lower than your individual credit score. Adjustable Rate Mortgage (ARM) loans are subject to interest rate, APR, and payment increase after each change period. For instance, a 5/1 ARM means that you will pay a fixed rate for the first five years of the loan, and then your rate is subject to change once each year thereafter through the remainder of the loan. Interest rates and APRs are based on current market rates, and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Depending on loan guidelines, mortgage insurance may be required. If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Your loan’s interest rate will depend upon the specific characteristics of your loan transaction and your credit history up to the time of closing. The estimated total closing costs in these rate scenarios are not a substitute for a Loan Estimate, which includes an estimate of closing costs, which you will receive once you apply for a loan. Actual fees, costs and monthly payment on your specific loan transaction may vary, and may include city, county or other additional fees and costs. Not all loan options are available in every state. Borrower is responsible for any property taxes as a condition of the loan. Membership with Greater Nevada Credit Union is required for select loan options. This is not a credit decision or a commitment to lend.
Please contact a mortgage consultant to learn about all details on loan options and programs available. You may contact one directly, or call Greater Nevada Mortgage at (775) 888-6999 or (800) 526-6999. We do business in accordance with the Federal Fair Housing Law and the Equal Opportunity Act, and the California Fair Employment and Housing Act.