Learn How to Better Afford a Home in Bakersfield, CA

Busy? Have us call you back. Call Me Back

More Information

Your Step-by-Step Guide to Afford to Buy a House in Bakersfield, CA

Help make sure your home isn't a source of financial stress. One of the best ways to ensure that happens is to ready your finances beforehand. Be honest with yourself to determine if you can afford to buy a house in Bakersfield, or if you should hold off until your situation is different. Get started with the following steps and call a Mr. Cooper Mortgage Professional to talk strategy.

Take a look at your finances—the whole landscape. Are you confident about your financial situation, credit history, savings, and current monthly expenses? A quick reality check goes a long way. A good way to begin your Bakersfield home buying journey is with confidence, a strong credit history, enough savings for a down payment, and a good handle on your current expenses.

Now, let's play with some real numbers. See where your budget stands with Mr. Cooper's affordability calculator. How's it looking? You can calculate how much house you can afford in Bakersfield based on your desired maximum monthly mortgage payment and income. Does this number fit your vision? Is it enough to get you into the Bakersfield home you want? If it's not, think about looking in surrounding areas or increasing your down payment. If it will, then take the next step in the homeownership journey with Mr. Cooper!

It's the right time to prequalify for a house in Bakersfield. Prequalification is a more formal estimate of how much of a home loan you could get approved for. It's based on some financial information you provide and a credit check. The prequalification stage is also a great time to work with your lender to find the right mortgage options for you. Mr. Cooper’s online prequalification tool makes it easy. Let us know where you’re looking to buy a home in Bakersfield, the type of property you’d like to buy, how you plan on using the property, and if you’re currently working with a real estate agent. Enter your expected purchase price and down payment. Follow that information with a few personal details and you’re on your way to getting prequalified. The process is simple and your prequalification lasts 120 days.

Don't forget to budget your time when doing the math on how you can afford to buy a house in Bakersfield. Time is non-renewable and non-refundable, and discovering your perfect Bakersfield home can really eat up the hours. Join forces with a real estate agent in Bakersfield who takes care of the tedious work for you. With Mr. Cooper® Real Estate Rewards, you can get personal assistance from a high-performing Bakersfield real estate agent and potentially save thousands of dollars.* Give it a try. Get an idea of how much you might be able to save on real estate commissions and closing costs with Mr. Cooper’s Real Estate Rewards calculator.

Applying for a home loan is the final step in getting your finances ready for a home purchase. The finish line is right around the corner! Partner with a home loan servicer like Mr. Cooper, and you'll receive personalized support from the moment you dream of owning a home to the reality of holding the keys in your hand. Call Mr. Cooper Mortgage Professionals today. They know the details of buying a home, inside and out, and will work to find the loan that fits you best.

"Home" has never mattered more than it does right now. Get your finances ready to buy a home in Bakersfield and give us a call. Let's get you started on your path to homeownership!

Mr. Cooper Customer Reviews for Bakersfield, CA

Read actual reviews from actual Mr. Cooper customers in Bakersfield, CA. Then call us to see how we can help you.

Make buying or selling a Bakersfield home easier.

Put Mr. Cooper in your corner for a better home buying or selling experience.