Relocation
Relocating for work can be exciting and stressful. Let Mutual of Omaha Mortgage simplify your mortgage process, giving you one less thing to manage during your transition.
Why Choose Mutual of Omaha Mortgage for Your Relocation?
At Mutual of Omaha Mortgage, we understand the unique challenges of relocating, and we’ve tailored our mortgage solutions to meet your specific needs. Our experienced team offers personalized service, making sure your relocation is as smooth as possible. We offer:
- Nationwide Coverage: We provide home loans in 48 states, ensuring you can secure a mortgage wherever your new job takes you.
- Expertise in Relocation: Our team has extensive experience in handling relocation mortgages, helping you navigate the complexities of buying a home in a new location.
- Customer-Centric Approach: We take the time to understand your personal needs and financial goals, guiding you every step of the way.
The Relocation Mortgage Process
Pre-Approval Before the Move
Get pre-approved for a mortgage before you even start packing. This will give you a clear idea of your budget, making your home search much easier.
Work with Local Experts
Our network of trusted real estate agents and relocation professionals ensures that you get local market insights and find the right home in your new city.
Streamlined Mortgage Processing
From remote document submission to digital closing options, we leverage technology to minimize paperwork and make the entire process easy to manage, even from a distance.
Benefits of a Relocation With Us
Relocating often involves tight timelines and logistical challenges. Our relocation mortgage solutions offer:
Flexible Financing Options: We offer various loan programs including FHA, VA, and conventional mortgages that cater specifically to relocations
Relocation Support: Our dedicated team works closely with relocation consultants and employers to ensure a smooth transition
Special Relocation Discounts: Eligible borrowers may receive discounts on closing costs and reduced mortgage rates, making your move more affordable
Specialized Relocation Programs
Mutual of Omaha Mortgage offers specialized programs to help with your move, including:
Bridge Loans: If you need to purchase a new home before selling your current one, our bridge loan program provides temporary financing. This allows you to use the equity in your existing home for a down payment on your new property, ensuring you can move forward without waiting for your current home to sell.
Down Payment Assistance: For those moving to high-cost areas, we offer programs to assist with down payments, making it easier to purchase a new home
Steps to Secure a Relocation Mortgage
Initial Consultation
Contact one of our relocation mortgage experts to discuss your move and home financing needs.
Pre-Approval
Get pre-approved for a mortgage to streamline the house-hunting process.
Local Support
Work with our team and local agents to find the perfect home in your new city.
Mortgage Processing
We handle all the details, from loan approval to closing, so you can focus on your move.
Move-In
Close on your new home and start your new chapter with confidence, knowing your mortgage process was managed by experts.
Relocation Mortgage FAQs
Yes, getting pre-approved before you move is a great way to streamline the homebuying process. At Mutual of Omaha Mortgage, we offer pre-approval services, which allow you to know your budget and make confident decisions when searching for your new home. Pre-approval also strengthens your offer when you find a property, as sellers know you’re a serious buyer.
Absolutely. We understand that relocation often means handling business from a distance, which is why we provide remote and digital closing options. You can complete the closing process electronically, ensuring that everything is finalized without needing to be physically present, even if you're not in your new city yet.
If you're moving to a new location and need to sell your current home, we can help. Mutual of Omaha Mortgage offers resources to connect you with trusted real estate agents who are skilled in handling relocations.
We provide a variety of loan options to suit your financial needs, including conventional loans, FHA loans, VA loans, and jumbo loans. Whether you’re a first-time homebuyer or a seasoned homeowner, we can help you find the right loan for your relocation. Our experienced loan officers will guide you through each option and help determine which loan best suits your situation.
Yes, it’s possible to purchase a new home before selling your existing property. We offer financial solutions that allow you to make a new home purchase without waiting for your current home to sell. This can include bridge loans or down payment assistance programs, which can provide temporary financing for your new home until your existing property is sold.
Our loan officers can help you determine how much you can afford by reviewing your income, assets, and other financial information. We also offer pre-approval services that give you a clear understanding of your borrowing limits. This ensures you’re only looking at homes within your budget, giving you peace of mind during your relocation.
Yes, you can refinance your current mortgage even if you’re relocating to a new area. Refinancing can be a great way to lower your interest rate, reduce monthly payments, or access cash from your home equity to fund your move. Our team will review your refinancing options and help you determine if this is a good financial move for you during your relocation.
The timeline for closing on a home depends on various factors, including the loan type and the housing market in your new location. On average, our relocation mortgages close in about 30 days, but this can vary. We aim to make the process as efficient as possible, working with you to close quickly so you can settle into your new home without unnecessary delays.
We know that relocating to a new state can feel overwhelming. That’s why Mutual of Omaha Mortgage offers full support through every phase of your move. Our relocation specialists and local agents in your destination area will assist with market insights, help you navigate state-specific regulations, and ensure you’re making informed decisions throughout the homebuying process.
Yes! If you’re a veteran or active-duty service member, we offer specialized VA loan options tailored for relocation. These loans offer no down payment requirements, competitive rates, and no private mortgage insurance (PMI). Our loan officers are experts in VA loans and will work with you to secure the best possible mortgage for your relocation.
Unfortunately, we do not offer mortgage services for international relocations. Our focus is on domestic relocations within the United States. However, if you’re a U.S. citizen returning to the U.S. or relocating within the country, we’d be happy to assist with your mortgage needs.
The first step in planning your relocation is getting in touch with our relocation mortgage team. We’ll discuss your financial goals, timeline, and any challenges you may be facing. From there, we’ll guide you through pre-approval, work with real estate professionals to find your new home, and support you throughout the entire mortgage process. Planning early is key to ensuring a smooth and successful relocation.
Additional Resources
Buyer’s Market or Seller’s Market? 10 Key Indicators Every Agent Should Track
Beyond the List Price: Understanding the True Cost of Homeownership
How to Help Clients Understand & Adapt to Market Shifts
Making Your Relocation Easier with the Right Mortgage
Let us handle the mortgage process while you focus on your move. Our loan officers are here to guide you every step of the way.
