MORTGAGE PREQUALIFICATION

Buying a home is an exciting time. That's why it's so important to get prequalified for a mortgage before you start shopping for a home. Being prequalified will give you an estimate of how much you can borrow. This helps you set a realistic budget and gives you the confidence you need to make an offer on a home.


If you’re ready to get prequalified, our loan consultants can help. 

Plus, talk to us about SchoolsFirst FCU Home360®, a homebuying program that pairs you with a home loan consultant and a participating real estate agent to help you find the right home and loan. Enrolled Members get:

  • A team committed to making the homebuying process a smooth one.
  • 4.40% APY savings account for a down payment.1    
  • 20% rebate from the participating agent’s commission when buying a home.2
  • 20% discount on escrow services.3

GET STARTED

Call (800) 462-8328, ext. 8288

Speak to a loan consultant before applying. 

Meet

Make an appointment with a loan consultant in-person, over the phone or online. 

Online

Submit a home loan application.

Disclosures

All loans subject to approval.

  1. APY = Annual Percentage Yield. Rate is valid as of 12/11/2024. My Home Savings share certificates opened before 02/15/2024 are variable rate and subject to change without notice. Share certificates opened after 02/15/2024 are fixed rate. Limited to Members who are buying a home and participating in SchoolsFirst FCU Home360®; limit one per Membership. 12-month term with a required opening deposit of $250. Additional deposits allowed to the maximum balance of $150,000. At maturity the account is closed and the balance is automatically transferred to your primary share account. Partial withdrawals not permitted and will result in closure of the share certificate. Any withdrawals that are not used for a home purchase with SchoolsFirst FCU will be subject to a penalty. Fees could reduce earnings on the account. See SchoolsFirst FCU's Disclosure & Agreement of Terms and Conditions brochure for additional details about the My Home Savings Share. 
  2. Rebate payment is made by First Team Real Estate or HomeSmart Evergreen Realty. Rebate is credited to your benefit at the close of transaction, and will be lowered by any reductions to the commissions paid to the participating agent in a concurrent purchase and sale of a home. Commission will vary. To be eligible for the 20% rebate, Member must complete the transaction with the agent assigned by SchoolsFirst FCU Home360®. Using SchoolsFirst FCU for a mortgage loan is not a requirement to earn the rebate. Purchase price must be greater than $150,000 after all credit adjustments. All rebates are subject to limitations, lender guidelines, and other requirements. Certain properties may not be eligible for rebates. Rebate is 20% for purchase only of a residential property in California. Please consult a qualified tax professional for advice on tax implications from receiving a rebate. First Team Real Estate and HomeSmart Evergreen Realty are not affiliated with SchoolsFirst FCU.
  3. Escrow services discount and free signing services available only on an escrow serviced by Hallmark Escrow Co., Inc., Next Level Escrow, Coast Cities Escrow or Escrow Options Group, Inc. (collectively, the “escrow companies”). The escrow companies are not affiliated with SchoolsFirst FCU. Check with the seller of the property regarding selection of the escrow company.