What to Expect on Closing Day
To help you feel confident on your closing day, we’re here to tell you everything you can expect to happen before you finally get your hands on those housekeys.
Six Uncommon Features to Consider When Shopping for a Home
There's more to examine during a house hunt than the usual bedroom count and kitchen size. Learn about six less common features you may not have ever thought about.
How To Make An Offer On A House
Make them an offer they can’t refuse with these expert tips on buying a home from the Member One Mortgage Team.
You probably have your homebuying to-do list put together already, but don’t forget about this equally important to-don’t list.
Anything that could impact your credit.
Once you’re under contract to purchase a home, don’t borrow money or let anyone pull your credit for any reason until after you’ve closed.
Unless you discuss the change with your lender first to make sure that it won’t affect your loan.
Forget to budget for maintenance.
With homeownership comes new responsibilities. Plan ahead so you’ll be financially ready to fix any issues. And consider a home warranty, which could save you thousands.
Wait until the last minute.
Submit all the necessary documents to your lender early. Remember, ATM receipts or computer screenshots cannot be accepted in place of official bank statements! If you bank with Member One, your statements are available on our Online Banking site. If you have any questions, we’ll be glad to help you find what you need.
Forget to set up utilities.
Call the utilities companies to set up accounts in your name before closing day.Plan to close with cash.
Certified funds (a cashier’s check or wire transfer) are required for closing. And don’t rely on a credit card cash advance. Move the money you’ll need to an easily accessible account at least several days ahead of time, and keep records of the transaction for your lender.