Bank of Gravett offers mortgage home loans to customers that prefer local decision making and local servicing of their home loan.
Q: If I want to get a home loan, what do I do first? A: You’ll first meet with a Bank of Gravett lender who’ll help you get prequalified, so you’ll know your price range while shopping for a home.
Q: What happens after I’m prequalified for a home loan? A: After you’re prequalified, you can start shopping for a home in your price range.
Q: When I find a home I want to purchase, what happens next? A: When it comes time to make an offer on a home, your real estate agent will guide you through this process.
Q: What type of Home Loan does Bank of Gravett offer? A: Bank of Gravett offers adjustable rate home mortgages that are locally originated and serviced.
Q: What are closing costs? A: Closing costs are various items that you have to pay for at closing which can include appraisal fees, title insurance fees, attorney fees, pre-paid interest and documentation fees, etc. The fees can vary depending on the type of home loan and your location. We will make sure you receive a Loan Estimate of closing costs within three days of application.
Q: How long does it take to close? A: Bank of Gravett will do everything they can to expedite the process, however under normal circumstances, the experience takes between 30 and 60 days.
Q: Shouldn’t I work with a large regional mortgage lender? A: We believe one of the biggest benefits of working with Bank of Gravett’s lending team is that we’re a community bank who cares about you and your family and are invested in our community. With local underwriting, competitive rates and personal attention from our experienced, personable lenders--we offer so much more than a big bank.