Time for a New Home?

Consider these mortgage loan basics, first.

It always helps to have a team you can trust, especially when you’re embarking on the complex journey of first-time homeownership. The right professionals can make all the difference. Before you begin to assemble your team, here are some pointers for what to expect and how to handle it.

Mortgage Pre-qualification

Find out how much you can borrow, which will give you more leverage when making an offer.

Real Estate Agents

Good agents know the market, have a great reputation and references, and listen to your needs.

Finding Your Perfect Home

Make a list of must-haves, would-like-to-haves and moon shots. Determine what you can afford.

Making an Offer

Agents take offers to sellers. After price determination, a purchase agreement will define terms. 

Home Inspections

After a price is agreed upon, hire a professional inspector to reveal more details on the property.


Lenders require a formal written assessment (or appraisal) by a licensed real estate appraiser.

Title Insurance

Title insurance protects the lender (required) and buyer (optional) if ownership confusion arises.


At closing, agents coordinate and distribute paperwork and funds, as ownership is transferred.

Online Application

Let Home Federal Bank help you through the hassles of buying or building a home with a variety of mortgage options.
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Mortgage Loans

With our wide variety of mortgage financing options, Home Federal Bank would love to help you safely navigate the at times choppy financial waters of buying or building a home.
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Calculators for Your Convenience

We’ve assembled a handy assortment of loan and rate calculators to help you make rough calculations around your circumstances and needs—to reach a starting point for a conversation.

Housing How Tos

Terms to Know Before Buying A Home
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Lending FAQs

Borrowers have questions, Home Federal Bank has answers.
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Discover a Wealth of Possibilities with the USDA RDP

If you’re thinking of purchasing or refinancing property outside city limits, the rural development program from the USDA could be exactly what you need. Making homeownership easier to achieve in rural parts of the country, the USDA RDP can make buying a home less expensive, with less money out of your pocket. You can rely on Home Federal Bank to guide you through the details of program selection. Our comprehensive knowledge of the local market will give you extra confidence, every step of the way.

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