Spring is nearly here and with the promise of warmer weather comes more homes on the market and more buyers joining the home search. Rest assured, Northwest is here for you—whether you’re ready to own your first home or you’re an existing homeowner who’s looking for a new space to better suit your family. There are a couple important steps you should take to best prepare for your home buying journey: 1) get pre-approved, and 2) get in touch with a trusted real estate agent. We can help on both fronts.
Step 1: Obtain a Platinum Pre-Approval
With our Platinum Pre-Approval, qualified borrowers will benefit from:
• Fast turnaround time. Once approved by an underwriter, your Platinum Pre-Approval letter is sent within one business day.
• A more substantiated financing offer. Since your income, assets, and credit profile have been evaluated and pre-approved by one of our mortgage underwriters (subject to finding a suitable property), our Platinum Pre-Approval has more clout than a standard pre-approval letter.
• Advantage over the competition. Sellers will see you as a well prepared, highly qualified borrower, helping you stand out from competing buyers.
Step 2: Enroll in HomeAdvantage®
We can refer you to a reputable real estate agent in the HomeAdvantage® network who will be there for you from start to finish. And, as an added benefit, when you buy a home with a HomeAdvantage agent, you’ll receive Cash Rewards™* at closing. Northwest members save an average of $2,500!
Enroll in this free member service at https://nwfcu.myhomeadvantage.com/ and you’ll also get access to: MLS listings to help in your home search, email alerts when new properties become available, and neighborhood/school/crime reports.
Turn to Northwest
Buying a home might seem like a challenging task, but with Northwest on your side you’ll be equipped with the tools you need to realize your dream. To get started, make an appointment with one of our mortgage representatives. We’ll go over the variety of mortgages we offer—including no and low down payment options—and help you decide which one would work best for you.
* HomeAdvantage is available to you through your membership with Northwest Federal Credit Union. Cash Rewards are available to members who register to use HomeAdvantage and who use a real estate agent in the HomeAdvantage network to buy or sell their home. Using Northwest Federal Credit Union for a mortgage is not a requirement to earn Cash Rewards. Cash Rewards amounts are dependent on the commissions paid to the agent. Northwest Federal Credit Union may have specific rules on how your Cash Rewards will be paid out. Cash Rewards are void where prohibited by law or the lender. Please consult with your credit union to get details that may affect you.