Insight
Does a Mortgage Refinance Make sense? Find out in 4 Steps.
Thinking about refinancing your home loan? Here’s an easy 4-step process to evaluate your potential savings.
Buying a Home
Curious how to get a mortgage?
If you’re ready to buy a home, Axos is here to help. Call us at 888-546-2634, follow our steps, or make the move and apply for your home loan today. Then, find out how to get Cash Rewards on your new home purchase.
What are today’s mortgage rates?
Select Purchase or Refinance to get started.
Steps to Buying a Home
These easy-to-follow steps will help you embark on your home owner journey. We're here to answer your questions at 888-546-2634.
1. Pre-Qualify for Your Loan
Before you hit the pavement – you’ll want to get pre-qualified. It will help you:
Develop an accurate budget.
Narrow your home search.
Build trust in your mortgage lender.
Axos makes it quick and easy – do it online or by phone.
2. Find an Agent
You’ll want to choose a real estate agent who will best represent you in your property search.
Not sure where to start? We’ve partnered with HomeAdvantage – offering a network of over 850 real estate agents across the country.
3. Get Preapproved
Being preapproved while searching for properties helps give you buying certainty. Especially when it’s an Axos Bank mortgage preapproval – always backed by an underwriting decision.
We know you’re busy. Get it done quick with our online mortgage application or call 888-546-2634.
4. Find the Right Property
Here’s the fun part: Find your dream home!
You can jumpstart your search with HomeAdvantage – an online tool that lets you search, save, and favorite properties.
5. Purchase Your Home
Woohoo! Once your offer is approved, you’ll move into escrow.
Here’s what you can expect:
- Provide loan documents – if you’re using Axos Bank, our mortgage specialists will guide you through every step to ensure your loan closes on time.
- Complete home inspection – this is an important step to protect yourself from unknown expenses, and it’s often required by your mortgage lender.
- Receive loan approval – you’re almost done!
- Close on escrow – at least three days before closing, you’ll receive the paperwork from your lender and they’ll arrange for a notary to visit to sign the final paperwork.
- Receive your keys – congrats, you’re now a homeowner!
Benefits to Buying a Home
Three smart reasons to buy instead of rent:
Generational Wealth
Create a legacy to pass on to future generations.
Build Home Equity
Accrue equity that you can later leverage for special projects.
Investment Income
Build a passive income stream through rental properties.
Know When Mortgage Interest Rates Drop
Not quite ready to apply? Or want to track rates for future savings opportunities? Sign up for Rate Watch email alerts for rate drops. It’s quick, easy, and free.
Save When You Buy With Axos
An Axos Bank mortgage offers savings that you can get excited about.
$0 lender fee1
Up to 3% annualized cash back2
Fast loan closing with Close-of-Escrow Guarantee3
Plus: Earn 20% of your agent’s commission with our HomeAdvantage Cash Rewards program!4
Why Axos? We’re one of the best mortgage lenders.
They were the absolute best to work with! They made such a daunting process quick and simple.
Lo|California
The entire Axos Bank team was extremely professional and performed flawlessly.
John|California
Truly a 5 Star Lender! From start to finish, they made this a seamless transaction! Highly recommend.
Alex|South Carolina
Frequently Asked Questions
Buying a home is a complex process. It’s only natural you’ll have questions.
Here are two that we’re frequently asked. Have others? Call us at 888-546-2634.
What are 5 things you should do before buying a home?
Get your finances and documents ready. Be prepared to provide your most recent pay stubs, two years of W-2s, and two months of bank statements.
Check your credit and review your debt. Hint: The Axos App makes this easy! (Even if you don’t have an Axos account.)
Determine your budget. How much can you afford to pay each month? How much money can you put down? Do you have enough set aside for closing costs? Start crunching the numbers with our mortgage payment calculator.
Research reputable real estate agents. It pays to work with a knowledgeable expert. Your agent will guide you through the process and will provide the know-how on navigating contracts. We’ve partnered with HomeAdvantage to help you find an agent that aligns with your needs.
Identify a lender. Home loans come in all shapes and sizes, so it’s important that you partner with a mortgage lender who’s skilled in customizing the loan to the client. And that’s where Axos Bank comes in. Our expert team works with each homebuyer to craft a solution that works with their budget and financial structure.
Mortgage Tools
Tap into additional mortgage tools and insights so you’re confident in your home purchase.
Rent or Buy Calculator
Estimate your potential savings from switching from renting to owning a home.
Mortgage Payment Calculator
Create a realistic budget for your upcoming home purchase.
Articles
Insight
HELOC or Cash-Out Refinance: Which Is Right for Me?
Homeowners can leverage their home equity to get more done. But how do you know which home equity loan option to choose?
Insight
First-Time Mortgage Refinance Guide
Worried that refinancing your home loan will be more effort than it’s worth? Check out this guide to determine if a mortgage refinance is right for you.