My Money Monday: - Mortgages and newlyweds

Here is some advice.

Posted: Jul 23, 2018 1:38 PM
Updated: Nov 19, 2019 9:43 AM

Skip Hambright of Rochester MN asked the experts at First Alliance Credit Union, “How does a newly married couple get a mortgage and find the best rates?”

The experts from the First Alliance Credit Union Mortgage Team answered by sharing these tips and advice about getting a mortgage as newlyweds:

  • The process starts with talking to your credit union or bank if they offer mortgages to determine the options they have available.
  • Check with family and friends on which financial institutions they used to finance their mortgage
  • Once you have two or three potential mortgage lenders, call to make an appointment with your spouse to review their mortgage options
  • Go through the preapproval process and ask for a loan estimate document from each mortgage lender

Learn more about mortgage loans:

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