Check out these calculators to see how much house you can afford.
These numbers are estimates. Talk with an SRFSI staff member for more information.
How to Get Started
First time home buyers, start here! Salt River
Financial Services is here to help you become a home owner. There
is a simple 4-step process listed below to get you started down the
Step 1: Visit SRFSI
To get the process started, simply visit the Salt River
Financial Services office and talk with one of the staff regarding
the Home Loan Application. You will also need to visit SRPMIC
Realty Department to learn about the land-loan process. You may
also want to attend the Welcome Home Workshop offered by
SRFSI Financial Training.
Step 2: Start Homesite Withdrawal Process
Once you have talked to SRFSI staff, you will visit the SRPMIC
Realty Department to begin the Homesite Withdrawal process. On
average, it takes between 6 months and 2 years to complete this
step (depending on the land situation). During this step, you will
want to attend credit counseling from SRFSI staff; attend the Home
Ownership Academy where you will learn the fundamentals of home
ownership; start saving for a down payment on your home; and begin
thinking about the style and type of house that fits your family
If you have already completed the Homesite Withdrawal
Process, you may submit copies of your recorded land lease to the
SRFSI Mortgage Specialist.
Step 3: Secure Loan & Select Contractor
Step three starts when the Homesite Withdrawal process is
completed by CDD, BIA and SRFSI. You will complete the Homesite
Withdrawal and all land documents which will include receiving the
50 year recorded land lease during this step. When the 50 year
recorded land lease is received your loan will be submitted for
approval. Once your loan is approved you will begin the contractor
selection and floor plan stage and your home will begin to be
Step 4: Close Loan & Move In!
This is the most exciting step because you're almost ready to
move in. Once your home is constructed, you will sign all of your
loan documents, pay for your down payment and any fees associated
with the loan and move in! Now that your new home is finished and
you have moved in, we encourage you to enroll in financial
education courses offered by SRFSI and home management and
improvement courses offered by the Salt River Housing Division.