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Mortgage Process

Make sense of the mortgage process before you purchase.

Whether you're in the market to find a starter home or to upgrade or downsize from your current house, take time to familiarize yourself with the mortgage process before you start shopping.

  1. Do the Research

    Get a solid grasp on the terms and processes of buying a home. Take the time to understand the lingo and create a budget.

  2. Prepare the Paperwork

    Get all the necessary documents like work history and income details together before applying for pre-qualification to help expedite the process.

  3. Contact a Loan Officer

    Choose a NorthStar Credit Union Mortgage Loan Officer to process and manage your mortgage. Your Loan Officer will help you select the right loan for your needs.

  4. Get Pre-qualified

    Apply for pre-qualification for your loan. Make sure you get pre-qualified for a loan before you start looking at homes so you are better prepared to make a purchase.

  5. Find a Realtor

    Seek out a realtor who is familiar with the area you're looking to buy in and who can help you prioritize your search and visit homes that match your desires and budget.

  6. Search for a Home

    You're officially ready to hit the pavement in search of the perfect home. Narrow down your search by cost, location and other desired amenities.

  7. Make an Offer

    When you find a home you want to buy, submit an offer. Your first offer may not be accepted, and you may have to negotiate.

  8. Obtain Homeowners Insurance

    Homeowners insurance is required by your lender. Homeowners insurance is actually a combination of two different types of protection, hazard insurance and liability insurance. Hazard insurance protects you against unintentional damage or destruction to your house or its contents, including fire, storm, theft, vandalism and similar threats. Liability insurance covers personal liability for accidents on your property. If your neighbor trips on a hose in your yard and breaks his ankle, for example, liability insurance will pay for his medical expenses, up to the policy limit.  You can purchase a policy from our partner TruStage.

  9. Finalize the Loan

    If your offer is accepted, your Loan Officer will work to finalize your loan. Be prepared with the required documentation ahead of time.

  10. Closing

    At this point, the sale is complete, and the seller turns over the property title. There are fees associated with closing. Work with your Realtor to manage your costs.

Congratulations, you're a homeowner!


Bicki Dhillon
Mortgage Loan Officer
Direct: 630-821-7207

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