Buying a Home?
Buying a home can be a daunting process. Beehive Federal Credit Union is the #1 mortgage lender in Madison County. That means we are the experts on Home loans in East Idaho.
What Are Your Needs?
Everyone has a different story. Maybe you are a first time home buyer, a refinancer, upgrading to make room for the family. Whatever it is, let Beehive’s experts help you get the mortgage that is right for you.
Let’s move from pre –qualified to pre-approved today!
Begin your application by clicking Apply Now. Here are the documents we’ll need next:
- One Month Paystub
- Year-to-date income
- Paystub dates covering a full 30 days
- Two Year Federal Tax Returns
- Include your W2s
- Three Month Bank Statements
- All pages front and back
- Include all accounts (checking, savings, etc.)
Finally Home!® Homebuyer Education is one of the smartest moves you can make when purchasing a home, and it may be required for some of our loan products. Take the Finally Home! homebuyer course early in the home-buying process.
Beehive offers mortgages, including in areas covered by flood insurance requirements. The National Flood Insurance Program (NFIP) is a Federal program providing flood insurance, floodplain management, and the development of flood hazard zones. Flood insurance is required by federal law for members borrowing funds in high-risk zones.
Can I get out of the requirement to have flood insurance? Members can hire a qualified surveyor to perform an elevation certificate on their home. This certificate can be sent with an application to FEMA for a letter of Map Amendment (LOMA). LOMA is an official amendment, by letter, to an effective NFIP map. A LOMA establishes a property’s location in relation to the Special Flood Hazard Area (SFHA). LOMAs are usually issued because a property has been inadvertently mapped as being in the floodplain, but is actually on natural high ground above the base flood elevation. Because a LOMA officially amends the effective NFIP map, it is a public record that the community must maintain.