Making that exciting move? KeyPoint's Home Loan Officers provide the expertise and guidance you need to navigate every step of the process.
At KeyPoint, work with a Member-owned, not-for-profit credit union and get:
- Competitive rates on fixed and adjustable-rate loans
- Grants for down payment assistance available for qualified applicants
- Local mortgage operations, so you always get a quick close—often 30 to 60 days faster than the national lenders1
- Contactless process, easily upload documents and e-sign
- Reliable servicing—make payments to KeyPoint
Here's what you'll need to qualify for a home loan:
- Employment History
- Minimum two years of work history in the same field to validate a stable and consistent income stream
- Credit History
- Minimum two years' credit history to validate you're able to manage debt over a long period of time
- Credit Score
- Minimum score requirement of 700
- Down Payment
- Loans available with as low as 3% down2
1Your actual close date depends on the seller’s timeline (for purchases) and other factors.
2To lock in the best rate and terms, you’ll need 20% of the purchase price as a down payment; however, there are loans available as low as 3% down, and sometimes gifts from relatives are allowed for some of the down payment.