Buying a home
Our friendly mortgage loan experts will find the right loan for you. Get started with a free pre-qualification.
Building a home
We’ll work with you and your builder to make the building process as easy and seamless as possible.
Refinancing can help you achieve long term financial goals by lowering your rate or shortening the life of your loan.
Improving your home
Home equity loans and lines of credit put your home’s equity to work for you.
Enter & You Could Win
Get a home loan from UBT and you could win $6,000
Looking to buy or refinance a home? Do it with help from Union Bank’s team of home loan experts, and you’ll be entered for a chance to win $6,000 you could put toward your mortgage payments** — so you can spend your money on something more fun.
Find a Loan Officer
Get help from a friendly home loan expert
Local decision makers. Responsive service. Home loans made easy. Our Loan Officers have the experience and market knowledge to expertly guide you through building, buying, or refinancing a home.
If you're still shopping for homes, be prepared to make an offer by getting pre-qualified. If you've already found "the one," use the full application to apply for your mortgage.
Make an offer and apply
Work with your realtor to find the right home and write an offer. You'll need a completed Purchase Agreement specifying the price and terms that you and the seller have agreed upon. Once signed, this is a binding contract, so be sure it has all the details you need — and none that you don't. Now it's time to call your Loan Officer and complete your application.
Our team will work with you to collect documentation, get an appraisal on the home, and submit the information to underwriting to get approval.
Get your keys
We’ll make sure you have everything you need for loan closing, and we’ll make it as easy as possible. After all, you have some moving in to do.
This calculator computes the most expensive house you can buy based on the highest payment you can afford, but does not indicate whether you would qualify for the loan.
Frequently Asked Questions
Although each situation is different, there are several reasons to refinance including:
- To lower your monthly principal and interest payments.
- To move to a secure, fixed rate loan.
- To take cash out of the equity in your home.
For more information on refinancing your home, call 402-323-1128 in Lincoln, or toll-free 1-800-297-2837.
Closing costs cover all the fees and expenses associated with a loan transaction. Closing costs may include fees for an appraisal, credit report, title insurance, survey, and points. Closing costs vary depending upon the loan product.
An appraisal is a report made by a qualified person, who sets forth an opinion or estimate of property value. Among other considerations of value, the appraisal uses recent local real estate sales activity as a major basis for valuation.
PMI is protection for the lender against loss if a borrower defaults. Typically for Conventional loans, PMI is required if your down payment is less than 20% of the purchase price. For example, on a purchase price of $100,000, PMI would be required if you put less than $20,000 (20% of $100,000) as a down payment. Other types of loans such as FHA, VA, and USDA have similar versions of PMI.
Once your home is complete your permanent mortgage loan (30, 20 or 15 year fixed) is nothing more than a refinance of the construction loan.
Get help from an expert
Loan products subject to credit approval.
**NO PURCHASE NECESSARY. Void where prohibited. Applicants that close a secondary market, owner-occupied, primary-dwelling secured home purchase or refinance loan in Nebraska or Kansas between Tuesday, October 1, 2019, at 12:00 a.m. Central Time and Wednesday, January 15, 2020, at 11:59 p.m. Central Time (the “Promotion Period”) will be automatically entered in the contest. You may also participate in the Drawing by completing the form at the following link www.ubt.com/personal_banking/home_loan_drawing/6000_dollar_giveaway_011520 during the Promotion Period. You must be at least 18 years of age and a resident of the 50 United States or the District of Columbia at time of entry. Residents of the state of Maine are not eligible to participate. YOU MUST NOT BE PROHIBITED BY FEDERAL OR STATE LAW FROM ENTERING THIS DRAWING OR FROM WINNING THE PRIZE. You may enter only once. You need not be present to win. You may win only once. One winner will receive $6,000 (which may be used to make mortgage payments) and may choose a cashier’s check OR direct deposit into their Union Bank checking account. Odds of winning depend on the number of entries received. Official rules available. Member FDIC.