Walden Federal
Walden Federal
P.O. Box 1187
785 Rt 17M
Monroe, New York 10950
Tel: (845) 783-2265
Fax (845) 774-2640

Take a few minutes to review our various pages dedicated to Purchases, Refinances, and New Construction as well as our many free services offered to assist you in meeting your mortgage goals. You will find information on FREE 1st Time Buyer programs, credit analysis programs, pre-qualifications, and access to mortgage calculators to help to determine payment amounts and how much you qualify for.

Stop and take a look at the variety of programs and level of service that we offer at Walden Federal! See below for an explanation regarding the entire mortgage process. Contact us and let us be your hometown mortgage partner in financing the home of your dreams!

Walden Federal has been helping local residents purchase new homes, refinance existing homes, and build dream homes for over 85 years. During that time we have learned to blend the perfect mix of hometown service and attitude with professional industry wide required standards.

You not only receive a full array of products at competitive prices but in a manner which reminds you of those times when people remembered your name, cared about your needs, and took the time to respond to them.

We at Walden Federal are dedicated to offering the best products, at competitive prices, with service second to none. That’s what you deserve and it's our mission to deliver it.

We're with you every step of the way

At Walden Federal, your loan officer is your mortgage partner...
He or she will explain the entire home buying process to you and let you know what you can expect.

1. The First Step is the written Pre-Qualification

This is a no cost, quick and simple way to estimate how much money you can comfortably borrow for your home. We will even go one step further and offer you our “Finance First” approval program. Use this to maximize your buying power by having a mortgage commitment in hand even before you find your home to purchase and get the paperwork out of the way early. Today’s real estate agents and builders will ask for at least a mortgage pre-qualification as a first step in the home search process.

2. Applying for Your Loan

Once you find your home, you will apply for your Walden Federal mortgage. Your loan officer will review all your options and the mortgage programs available to find the one that meets your financial and lifestyle needs. He or she will assist you through the entire application process.

3. Good Faith Estimates

Walden Federal will send you a "Good Faith Estimate" of your closing costs. Closing costs include items such as points, third party fees and recording fees and must be paid, or deducted from loan proceeds, at the closing. The "Good Faith Estimates" will outline these costs. This is very important for your budgeting and to ensure that your closing goes smoothly.

4. Commitment Letter

Next, Walden Federal will review your application and documentation and send you a "Commitment Letter". This is exciting because it means that the bank is committed to lending you the money you need, based on the information provided to the bank to date. After conditions on the commitment have been satisfied, you are one step closer to home!

5. The Closing

The Closing will then be scheduled. This is the last step and at the closing, the ownership of your new home will be transferred to you. Your loan officer will be available for you every step of the way - from prequalification to closing. You can count on Walden Federal to help make your home - buying experience a pleasure.

"Walden Federal helped make our mortgage easy, fast, and painless...
A loan officer even came to our home...on Sunday!"
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