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Buying a Home

Finding the right mortgage just got a little easier.
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What to expect during the mortgage application process

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Application

You will meet with a People’s United Bank mortgage expert to discuss both your short term and long term goals as a potential home owner.

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Appraisal & Processing

A licensed appraiser will appraise the property being financed. We will verify your income and assets, review property information and credit history.

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Commitment

Your application and financial profile will be reviewed by a mortgage loan underwriter. If approved, a commitment letter will be issued.

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Closing

At closing you will sign the final loan documents.

Buying your first home?

Know-how turns someday into moving day. Here is some helpful information you need to make informed decisions during the home buying process.

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Cover of the People's United Bank First-Time Homebuyer Guide full of information about downpayments, types of mortgages and the process

Buying a home is a journey

Download the roadmap and get started. We’ll help you with the essentials – how much you’ll need for a downpayment, the type of mortgages available, and how to bring it all together in an efficient, cost-effective process. And don’t forget – when you’re ready, our mortgage experts are here to help.

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