Pulte Mortgage

Pulte Mortgage does not post its starting mortgage rates on its website. To see what rates and terms may be available to you, you have to begin the application process and be connected with a loan officer.

From 2019 to 2021, Pulte Mortgage’s average home purchase rate was slightly lower than the national average each year, according to data from the Home Mortgage Disclosure Act. In 2021 its average rate was 0.07% lower than the national average.

Interest rates vary depending on factors like a borrower’s credit score, the down payment amount and the loan type. Lenders typically extend the best rates to borrowers with high credit scores and larger down payments. Rates fluctuate with the economy as well.

Pulte Mortgage offers both fixed- and adjustable-rate mortgages (ARMs). Fixed-rate mortgages translate to predictable monthly mortgage payments. ARMs start with a comparatively low rate for a period of time before the rate starts changing at regular intervals. The rate can go up or down based on the benchmark index the lender uses and the lender’s margin.

While many borrowers prefer the predictability of a fixed-rate mortgage, borrowers who plan to sell the home or refinance before the introductory rate period ends may opt for an ARM.

Pulte Mortgage average home purchase rate vs. national average

Pulte Mortgage does not reveal rates or offer pre-qualifications with a soft credit pull. Completing the application process requires that you give the company access to your bank statements, W-2s and tax documents. In doing so, you can expect a hard credit check.

Pulte Mortgage promotes a streamlined mortgage application process, all of which can be completed online or in person. Through its loan dashboard, you can start and complete your loan application, upload documents as needed and stay up to date with your loan status. If you choose to submit a paper application at one of its branch locations, you can contact your loan officer at any time for a status update.

After your application is received, your dedicated loan team member will help you find a financing program that fits your goals and circumstances; the company states it has over 200 loan types.

After closing, Pulte Mortgage only services loans for a few weeks to six months before transferring them to a different servicer.

Pulte Mortgage application features

Pulte Mortgage specializes in lending to those with Pulte Homes; it has loans specifically designed for the complexities associated with financing a new-construction build. Its range of products includes conventional loans, jumbo loans, VA loans and FHA loans.

Between 2019 and 2021, Pulte Mortgage closed 55,000 loans for home purchase out of 72,884 applications (about 75%). It denied 5,988 applications (8%).

Loan applications for home purchases only by year

Pulte Mortgage focuses on home purchase loans and does almost no refinancing, and its website doesn't specify refinancing among its product offerings. The company specializes in new-construction loans.

Home purchase vs. refinance loans by year

Pulte Mortgage publishes few of its requirements for getting a mortgage.

A conventional loan typically requires a credit score of at least 620 and a down payment of at least 3%. FHA and VA loans have lower credit score requirements. FHA loans require a minimum credit score of 500 and a minimum down payment of 3.5% (10% if the score is below 580). Minimum credit scores for VA loans vary by lender; you will likely need at least a 580 credit score. There’s no down payment requirement for VA loans.

National mortgage requirements by type

For information about other loans, see our guides on jumbo loans and USDA lenders.

Pulte Mortgage lists the fees and costs typically associated with a home purchase but doesn't disclose its actual fees online. The costs it lists include an origination fee, processing fee, attorney fees, filing fees, mortgage taxes, title search and title insurance — and possibly real estate taxes, escrow account fees and homeowners insurance

Your loan consultant will provide you with a Loan Estimate after you apply. A Loan Estimate outlines estimated loan costs, including closing costs. Then, at least three business days before your actual closing, you will receive a more specific list itemizing what you will need to pay at the closing. This is called a Closing Disclosure.