At Walmart, you can buy groceries, get an eye exam, buy home goods, and even a suit. How about the convenience of shopping for a mortgage at Walmart so you can buy your first home? All of these options are available at Walmart if you can believe it. Let's focus on shopping for a mortgage at Walmart and what that means for first-time home buyers.
Mortgage [mȯr-gij]
A loan used to purchase or maintain a home, land, or other types of real estate, secured by the property itself. - Investopedia
You pop into Walmart to pick up a few groceries, and on your way out of the store, you notice a mortgage office within the store. You've been thinking about buying a home and need to figure out how much of a mortgage you qualify for, so this might be an excellent time to find out.
You walk into Family First Funding (lenders vary by city) and are greeted by a mortgage lender. You explain that you're interested in buying your first home and wanted to know more about mortgage financing. The mortgage broker shares information on home loan options like conventional, FHA, USDA, VA, and jumbo loans. For existing homeowners, the mortgage center also provides options to refinance or get a home equity line of credit. Whether you want to buy your first home or an existing homeowner, you can enjoy a convenient lending experience at Walmart.
Walmart's first mortgage lending office was introduced in Newton, New Jersey. Other cities in New Jersey will soon have mortgage lending services in their Walmarts, along with the following states:
- New Jersey
- Florida
- California
- Ohio
- South Carolina
- Texas
Conclusion
Thanks to Walmart, consulting with a mortgage broker as you prepare to buy your first home just became easier. Imagine the convenience of walking into your neighborhood Walmart and sitting down with a lender to learn about mortgage financing. Remember, getting pre-qualified for a home loan before you begin looking at houses is in your best interest. Please let us know if you take advantage of Walmart home loan services and share your experience.
For more information on home financing, check out Reazo's comprehensive guide:
You'll want to bookmark it for future reference.
