How to Afford to Buy a House in Fountain Valley, CA

Busy? Have us call you back. Call Me Back

More Information

Money Wise Tips for Affording a Home in Fountain Valley, CA

Your home should be a retreat from the worries of the world, not a place where new worries begin. One of the best ways to ensure that happens is to ready your finances beforehand. Know when you can afford to buy a home in Fountain Valley, and when it might be better to wait until your situation changes. Get started with the following steps and contact a Mr. Cooper Mortgage Professional to discuss strategy.

Evaluate every angle of your finances. How do you feel about your current monthly expenses, credit history, and savings? A little "gut check" can go a long way. The best way to start your Fountain Valley home buying journey is with a healthy credit history, a good handle on your current expenses, and enough savings for a minimum 20% down payment.

Now, let's put some real numbers down. Use Mr. Cooper's affordability calculator to see where your budget stands. You can calculate how much house you can afford in Fountain Valley based on your desired maximum monthly mortgage payment and income. Will this price range get you into the Fountain Valley home you've been dreaming about? If it's not, think about increasing your down payment or looking in surrounding areas. If it will, then move on to your next step. Call Mr. Cooper!

It's time to prequalify for a home in Fountain Valley. Prequalification is a more formal estimate of how much of a home loan you could get approved for. It's calculated based on a credit check and a couple of financial details you provide. 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'd like to buy a home in Fountain Valley, the property type, how you anticipate using the property, and whether or not you're currently working with a real estate professional. Type in your likely purchase price and down payment. Provide a few more personal details and you’re on your way to getting prequalified. The process is straightforward. Prequalification lasts 120 days.

When crunching the numbers on how you'll afford to buy a home in Fountain Valley, factor in your time, too. Your time is one resource that's non-refundable and non-renewable, and looking for the perfect home in Fountain Valley can be time-consuming. Partner with a real estate agent in Fountain Valley who does the legwork for you. With Mr. Cooper® Real Estate Rewards, you can get connected with a top-performing real estate agent in Fountain Valley and potentially save thousands.* Try it—there's no strings attached. Estimate how much you may be able to save on real estate commissions and closing costs with Mr. Cooper’s Real Estate Rewards calculator.

The last step in preparing your finances to buy a house in Fountain Valley is to apply for a home loan. You're almost at the finish line! Work 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. They know the details of buying a home, inside and out, and will work to find the loan that fits you best.

Your dream home, or as we like to say, "The One" is waiting for you! Call now and let us help you ready your finances to buy a house in Fountain Valley. Let's get you started on your path to homeownership!

Fountain Valley, CA Mr. Cooper Customer Reviews

Read real stories from real Mr. Cooper home buyers and sellers in Fountain Valley, CA. Then contact us to see what we can do for you.

Make buying or selling a Fountain Valley home easier.

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