Your Guide to Buying a Home.

Check out our different types of loan options, mortgage rates and the benefits of getting prequalified.

Buying a home is one of the most important financial decisions you’ll make. This guide can help you navigate the process.

Our homebuyer's guide provides you with the education and resources to help you navigate the home-buying process. Let us show you the ropes with some essential information.

Establish Your Credit, Set a Budget and Save Money

Since most prospective homeowners use a mortgage to buy a home, it is important to consider the three main areas lenders evaluate before they approve you as a borrower: Credit, Capacity and Collateral.

Choose a Mortgage that is Customized for Your Needs

Before you even look at a house, research your financing options. OneWest Bank offers a variety of purchase products to help ensure you get the right kind of mortgage for your specific financial situation.

Pick a Lender

Review postings of our products and rates to help you compare to advertised rates of other lenders.

Find a Real Estate Agent

It can take some research before you feel comfortable hiring one. Let us help point you in the right direction with our tips for finding a real estate agent.

Avoid Common Home Buying Mistakes

Whether it’s applying for a mortgage without checking your credit or losing your offer to another party, take advantage of our tips for avoiding common mistakes.

Getting Pre-Approved

As your financial information determines your home buying range, a preapproval can help you choose a home and type of mortgage quickly. It also provides you with more bargaining power upfront and speeds up the closing process.

To request a preapproval or learn more about our jumbo and conforming home loans, call us at 1.800.456.5719. One of our experienced Mortgage Lending Specialists will be happy to answer any questions you may have so that you can make the best decision to fit your unique financial situation.

To get started fill out the form on the right or contact us at 1.866.246.3962.

Important Disclosures

It is important to know that with Adjustable-Rate Mortgages, your payment and rate may increase significantly over time.

Not all applicants will qualify for financing. Mortgage rates and terms are subject to change without notice.

Mortgages with LTVs higher than 80% with no PMI may generally have a higher interest rate and/or fees than other mortgages. This may result in a loan without mortgage insurance being more costly for a borrower who intends to remain in the property for a longer period of time. A borrower who intends to remain in the property for a shorter period of time may find that the extra interest cost is lower than the amount of PMI payments for that period of time.

Mortgage escrow accounts are created so that you can pay your yearly property taxes, homeowner’s insurance and mortgage insurance in monthly installments throughout the year, rather than all at once. When these bills are due, we disburse the funds from your escrow account to pay the taxes and insurance in a lump sum. If there is a requirement for a mortgage escrow account at closing, it will be required to be maintained for five (5) years after closing.

The rates displayed may require the establishment of an escrow account upon closing. If you choose to pay taxes and insurance separately, you will be responsible for timely payments, which may be substantial.

Home Loan Products

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