Buying a House the Easy Way
Apply online or visit a branch to work directly with one of our mortgage loan officers. We'll partner with you every step of the way, from prequalification to our electronic easyClose1. That way, you can focus on the truly important work of making your new house a home.
Even better, our "Manage My Mortgage" portal, accessed within Online Banking and the Tru2Go mobile app, makes it even easier. You can make payments, check on payoff statements, and view the details of your account 24/7.Every home is unique, so why should every mortgage be treated the same way? At Truliant, we offer a variety of mortgage options. We'll partner with you to find a loan that truly works for your budget and your needs.
Mortgage Loan Options
Government loan programs allows us to provide home loans that allow for lower minimum credit scores and down payments.
FHA Loans
- Requires at least a 3.5% down payment
- No cash reserves are required
- Available only for primary residences
VA Loans
- Active duty service members, Veterans, and eligible surviving spouses
- 100% financing available
- Available only for primary residences
- NC Home Advantage Mortgage: Offers down payment assistance up to 3% of the loan amount.
- Available for first-time and move-up buyers.
- Must occupy the home as your primary residence within 60 days of closing.
- Income and sales price limits may apply.
- NC 1st Home Advantage Down Payment: Offers up to $15,000 in down payment assistance.
- Available for first-time home buyers and Military Veterans.
- Must occupy the home as your primary residence within 60 days of closing.
- Income and sales price limits may apply.
South Carolina Housing Assistance
- SC Housing’s Homebuyer Program: Offers a low, fixed-interest rate loan and down payment assistance.
- This program assists low-to-moderate income families and individuals who would like to purchase a home in certain counties. Please speak with your loan officer for details around the targeted and non-targeted counties and other requirements.
- Income and sales price limits may apply.
- Palmetto Home Advantage: Offers Conventional, FHA, and VA loan options for first-time, move-up, and repeat buyers with no first-time home buyer requirements.
- This program offers forgivable down payment assistance up to 4% of the loan amount with a $0 monthly payment.
- Applicable to residents across all 46 counties in South Carolina.
- Income and sales price limits may apply.
Get into your new home and start building equity.
- Borrow up to 100% of the value of a home, up to $766,550
- Options include 7/1 ARM and fixed rates
- Available for primary residences3
Try HomePath100, Truliant’s first-time homebuyer3 mortgage, a 30-year fixed-rate term or a 7/1 ARM with a 30-year maturity that offers 100% financing at a great rate.
- $60,000 minimum and $300,000 loan maximum
- 700+ credit score required
- Must be purchasing a primary residence
- Buyer must contribute a minimum 1% towards closing costs or prepaids (can be a gift)
- Homebuyer education required
Pay lower monthly fees for the first period of your loan.
- 7/1 ARMs2
- Borrow up to 97% of the value of a home, up to $766,550
Budget confidently with a low, fixed rate.
- 10, 15, 20, 25 and 30-year mortgages are available
- Borrow up to 100% of the value of a home, up to $766,550
Jumbo mortgages are for loans starting at $766,551 up to $2,000,000 (with management approval). We offer up to 65% - 90% on the mortgage depending on the cost of the home.
Get the assistance you need with our non-traditional mortgage options.
- Manufactured housing loans (available for double-wide homes on permanent foundations)
- Borrow up to 95% of the value of the home, up to $766,550
- Limited/no credit mortgages
- Borrow up to 80% of the value of the home or purchase price, up to $300,000
- Individual Tax Identification Number (ITIN) mortgages
- Borrow up to 80% of the value of the home or purchase price, up to $300,000
Combine your construction loan and permanent mortgage financing and pay closing costs only once.
- Low closing costs
- Existing land equity may satisfy your minimum down payment requirement
- Must be undeveloped (no dwelling/house on property) - either raw land or in a recorded subdivision, up to 10 acres
- Loans serviced in-house at Truliant
- Available in NC, SC and VA only
Mortgage Calculators
Benefits of easyClose
easyClose is:
- An electronic closing that is significantly faster than typical in-person closing
- More convenient
- Sent on a secure network that uses encryption to protect all of your documents and information
What should you expect when applying for a mortgage?
-
Apply through one of our branches' Mortgage Loan Officers, or simply apply for pre-approval on your home loan through our quick, online mortgage digital application, available virtually anywhere.
-
Once you apply, your loan officer will help to walk you through the rest of the process so if you ever have a question, we're here for you. If you applied for an online mortgage, you can expect the same personalized attention with one of our Digital Mortgage Loan Officers.
-
Once a decision has been made on your mortgage application, we will contact you. If you are approved, your loan officer will reach out to discuss your loan amount, terms and payment information.
-
Once you have found a home you love, your loan officer will continue to help walk you through closing on your new home so that if you ever need extra help, you can always reach us.
What are some tips for first-time homebuyers?
At Truliant, we strive to help each individual member or future member to navigate the tricky territory that is purchasing your first home. This is why we work to get to know you and your individual situation in order to recommend mortgage options that can work seamlessly into your life.
As we can help you with researching possible down payment and mortgage options you may qualify for, there are other things you can do early to set yourself up for smooth sailing later.
-
If you haven't already, start saving for your down payment early. Many people recommend a 20% down payment, however, there are options to put down as little as 3% on your new home.
-
Determine how much you can afford in your new home.
Calculate your loan payment using our mortgage loans calculator below to get an idea of the home price that would best work for you. -
Check your credit score. This may mean running an annual free credit report, disputing any inaccuracies and putting a hold on any purchases which could hit your credit report.
-
Get pre-approved. When you have applied and become pre-approved for your first home, you can tour homes already understanding your mortgage terms and monthly payment information, allowing you to enjoy the process that much more.
-
Budget for closing costs. These can run about 2-5% of your loan amount and will need to be paid upon closing. Closing costs are not a part of your mortgage.
-
Save for good homeowners insurance. Once you've closed on your new home, be sure to protect your new investment with good homeowners insurance. At Truliant, we also offer homeowners insurance to help you keep your home safe.
How to Buy a Home
Other Mortgage Tools and Resources
Related Topics
(1) easyClose, or electronic closing, is only available in North Carolina.
(2) ARM = Adjustable Rate Mortgage. As with any ARM loan, interest rate and payment may increase after the initial rate period of 7 years. 5% maximum interest rate increase for life of loan.
(3) Had no ownership interest (sole or joint) in a residential property during the three-year period preceding the date of the purchase. 700+ credit score required. Available for loans between $60,000 - $300,000. Available only for purchases on primary, single-family residences (manufactured homes, condos and timeshares do not qualify). Buyer must contribute minimum 1% towards closing costs or prepaids. Homebuyer education required.