Fixed-Rate Mortgage

To simplify your home loan process, here is a list of documents TruWest will be requesting:

Standard required documents

Employment & Income:

– Paystubs covering the last 30 days

– 2 most recent years W-2s/1099s

– Most recent 2 months bank statements (all financial institutions)

– Social Security Award letter (if applicable)

– Retirement/Pension award letter (if applicable)

– Most recent quarterly Retirement/Pension statement (if applicable)

For purchasing a home

– Copy of all pages of the purchase contract, including real estate agent name and phone number

For refinancing a home

– Homeowner’s insurance declaration page or name and phone number of insurance agent

Additional documentation may be needed. Your mortgage loan officer will provide you a complete list of additional documentation required to complete your mortgage.

Be an informed consumer by understanding the differences between home loan options and shopping around for rates. This will give you the essentials needed to pick the right loan for your situation.

Think about how long you plan to keep the loan. If you are looking to sell your home in a few years, consider an adjustable-rate mortgage, which can provide lower payments and flexibility. But if you are in it for the long-haul, a fixed-rate mortgage can offer the comfort of always knowing your payment and an interest rate that doesn’t change over the length of the loan.

Understand the relationship between rates and points. Points are considered prepaid interest and may be tax deductible. One point is equal to 1% of the loan, so one point

These are our licensed mortgage loan originators.

Yes, check out the calculators tab to get an idea of your loan payment.

Yes. TruWest offers the Workforce Initiative Subsidy for Homeownership (WISH), which provides qualified homebuyers a match up to $22,000 to use for a down payment. More details.

It’s a fairly straightforward process. Go to the Next Steps tab to find more information.

You may be able to qualify for a TruWest loan with Social Security or investment income. Click a loan type under “LOANS” at the top of the page to apply, or call 1-855-878-9378.