While the dream of the perfect house and the white picket fence is a dream many people share, the buying process is unique for each and every homebuyer. Navigating the process can often be tricky. Let us guide you and help get you into your new home – your picket fence is waiting!
First-time homebuyer? Determine how much home you can afford with our handy calculator.
Prequalification is a simple conversation between you – the potential home buyer – and one of our mortgage loan officers to discuss mortgage options available to you. You’ll complete an application, and Associated Bank will conduct a credit check. However, no formal documentation is collected and no underwriting review is completed.
|Knowing the loan amount you could qualify for will tell you how much home you can afford.|
|You’ll save time by only reviewing homes in your price range.|
|If you discover any credit problems, you can try to resolve them early.|
|You can confidently make an offer as soon as you find a home you like.|
|Your offer is more likely to be accepted than the offer from a buyer who is not prequalified.|
|You might get more support from a real estate agent who knows you’re serious about buying.|
When you visit your local Associated Bank to apply for your home mortgage, make sure you have with you everything that will be necessary to get your application process started! It’s important for the bank to get a clear picture of your financial situation. Trust that this most personal of information will be treated with care. Reach out ahead of time to understand what items you should plan to have on hand. Some of the key items are listed below.
|Recent pay stubs|
|List of assets|
Having this information in hand will help your lender determine whether you may qualify for a home loan. Your lender will then assess a variety of factors in making the decision about your application, including your available down payment, your job history and your debt, as well as your credit score.
Are you in Wisconsin, Illinois or Minnesota? We look forward to being your Milwaukee, Green Bay, Chicago, Minneapolis—or anywhere in between!—mortgage lender. You can find our current mortgage rates here.
Knowing the current value of your home is important for a variety of reasons, not the least of which is to give you, the owner, peace of mind. Here's how to estimate what your home is worth.
Are you carrying too much debt? Find out if you are, and learn ways to reduce your debt.
Use Associated Bank’s lending calculators to help you estimate your payments, manage your debt and determine your total overall costs.
*The Wisconsin’s #1 Mortgage Lender and Leading Lender in the Midwest designations are based on information gathered from the Home Mortgage Disclosure Act data compiled annually by the Federal Financial Institutions Examination Council. The results of the data were obtained through RATA Comply, November 2017.