Mortgages

Fulton Home Mortgages

Qualified clients have the opportunity to access loans to
their preferred homes. Our Fulton Bank Mortgage is a retail product tailored to meet the mortgage needs of our clients. It can also be accessed for Home Completion, Home Improvement and Equity Release.

The purpose of the Fulton Bank Mortgage is to assist individuals to acquire homes. (For Home Completion, the property should be at lintel level in order to be considered. (This should be backed by a land Title Certificate) within a tenure of 5 to 15 years. Debt Burden: Not more than 45% of net income. Maximum Facility Limit: 85% of the value of property. Repayment: Annuity payment Access to dedicated relation officers to handle all activities in relation to mortgage facility. Available funds to purchase your dream home or complete your dream house. Flexible terms and conditions.

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Home Mortgages Resource Center

Buy Your Dream House Today!

Buying a Home

  • Fulton Bank has enhanced home loans offerings, allowing us to offer you more! These additions to our borrowing products seek to provide financial assistance to anyone looking to purchase, improve or capitalize from their property - whether they are here on American soil.

First Time Home Buyer

  • Requirements

Buying your first home can be a dream come true, but it can be a challenging journey for the unprepared buyer. When it's time to make your move, our mortgage professionals are here to help you every step of the way. As a first-time homebuyer, you may not be aware of the many programs designed to help save you money including programs like: Low down payment programs Federal Housing Administration (FHA), U.S. Department of Veterans Affairs (VA) and U.S. Department of Agriculture (USDA) government loans State and Local housing finance agency programs Closing cost and down payment assistance loans and grants Homebuyer Advantage Plus® Mortgage, our exclusive program HomeReady® Mortgage Plus THE BENEFITS OF OWNING YOUR OWN HOME. Buying a home is one of the most significant purchases you'll ever make. Home ownership offers you a range of benefits: Build equity. Over time, you can build equity aka value that you can use to pay for things like home improvements, debt consolidation and education expenses Tax advantages. You may save money by deducting mortgage interest and property taxes1 Create value. Your home may appreciate in value over time Freedom. It's your home and you can do what you like with it to reflect your lifestyle DETERMINING HOW MUCH HOME YOU CAN AFFORD. Everyone has an idea of a comfortable housing payment they can afford. This, combined with a review of your personal financial situation, will provide guidance to the home buying process. Having the option of choosing from so many mortgage products means that you have a great opportunity to buy the home you want, with monthly payments you can afford. The Mortgage Application Process STEP 1 - GET PRE-QUALIFIED Your fulton mortgage company loan officer will help determine how much you can afford and what mortgage programs work best for you STEP 2 - SEARCH FOR YOUR DREAM HOME Along with your realtor get out there to find your new home Continue to maintain good credit and check with your loan officer about any financial decisions that may affect your pre-qualification Work with your loan officer to customize a home financing plan for the home you want STEP 3 - MAKE AN OFFER WITH YOUR REALTOR Work with your realtor to get an accepted offer STEP 4 - MAKE A FULL LOAN APPLICATION Once a contract is accepted, reach out to your loan officer to set up home financing Provide all required documents in a timely fashion Your loan officer will order an appraisal Select a closing agent to handle your title services and closing STEP 5 - APPLICATION APPROVAL Our processors and underwriters will work to formally approve your loan Provide any additional items that may be requested Shop around and obtain homeowners insurance for your new home STEP 6 - SETTLE ON YOUR NEW HOME Meet at the settlement table to sign on the dotted line and walk away with the keys to your new home!