Mortgage 101
January 12, 2023

HomeXpress: Making Your Mortgage Pre-Approval Count

When buying a house, the last thing you want to be is stuck and waiting for an offer to be accepted. With the HomeXpress program, we give you a clear advantage over other potential buyers, getting you to the closing table faster!

What is HomeXpress?

Homestead Funding's HomeXpress logo.

HomeXpress is a preapproval program that works in tandem with various other Homestead Funding programs, such as Lock & Shop, Power Buyer, and Closing Guarantee. By providing your Loan Originator your information and documentation up front, they issue a preapproval letter for you before you begin house hunting. These speeds up the process and shows a seller that you’re committed to making payments.

Features and Benefits:

  • Quickly turn a prequalification into a preapproval
  • Gain purchasing power with proof of income, assets, and credit
  • Cuts as many as 10 days off the mortgage process
  • Get cleared to closed faster

Why Should You Get Preapproved Instead of Prequalified?

A preapproval letter confirms to a seller that your financial information has been verified by an expert. Your lender fully reviews your credit reports, tax returns, bank statements, W-2’s, and pay stubs. Based on the information provided, your lender will be able to determine exactly which mortgage you qualify for and how much of a payment you can afford.

Find Out if HomeXpress is For You

Two male presenting people are standing in a kitchen together and smiling. One has coffee in their hand. The other is tapping on a tablet.

To find out if you can benefit from the HomeXpress program, contact us today! You’ll be paired with a Loan Originator that will tailor their service to ensure you have a quick and easy mortgage process.

Ready to get started?

Homestead Funding offers exceptional customer service and a convenient mortgage process. Whatever your financing needs, our goal is to exceed your expectations.