What to Know Before Buying a Home in Oakley, CA

Busy? Have us call you back. Call Me Back

More Information

Understanding the Oakley, CA Housing Landscape

Ready to lay down some roots and buy a house in Oakley? Awesome! You selected a vibrant city with an ideal amount of educational opportunities, businesses, and parks, and we're here to help the home purchase process go a little smoother. We serve 3.8 million customers from coast to coast and are familiar with the ins-and-outs of the Oakley housing market.

Oakley is growing by the day, which means Oakley homes don't always come cheap. Ongoing economic growth and cultural expansion have helped to entice young families, new businesses, and retirees to the Oakley area, but that much change also highlights the need for better infrastructure, larger schools, and a more diverse housing market. That said, Oakley and the surrounding areas still offer a wide range of home styles and prices. You can find duplexes, single-family homes, townhomes, condos, and (ideally) your dream home! When looking to buy a house in Oakley, consider how near or far away the home is from the places you visit most. If possible, drive the route you'd take from the house to your school, office, and favorite hangout spot. Your home's location will influence almost every aspect of your life. Exploring Oakley will also help you get a feel for how homes in east Oakley differ from west Oakley, what the neighborhoods are like, and where to find Oakley's hottest attractions.

You're ready to buy a house in Oakley, but is your bank account? If you're not sure how to answer that question, contact a Mr. Cooper Mortgage Professional. We think the dream of homeownership should never fade and work to make every stage of the journey more enjoyable and less worrisome. You could choose to buy a home in California or elsewhere. We help new and experienced homeowners alike. Read through the following steps to help you figure out if your finances are in the right place to buy a house in Oakley.

Before anything else, calculate how much house you can afford. This will help you set a price range while house shopping in Oakley. After that, map out your potential monthly payments (including property taxes, insurance, homeowners association fees, home repairs, etc.). It's okay if these numbers are educated guesses. Searching the web for Oakley averages will usually give you a solid estimate, though everyone's situation is different. Keep in mind that your monthly mortgage payment could make up the bulk of your monthly home expenses.

Then, consider how much you can contribute to a down payment. Putting at least 20% down will improve your chances of getting a great rate and will allow you to avoid private mortgage insurance (PMI). However, the minimum down payment requirements depend on the type of loan. Here's where it can help to get prequalified for a mortgage. Getting prequalified helps you know how much you might be eligible to borrow from a lender. Also, take a good look at your credit. Credit history is an important part of your mortgage application. You may be presented with more mortgage options if you have healthy credit— and options are always a good thing!

Move Up and Out: Buying Your Dream House in Oakley, CA

While moving is a universal experience, it remains one of the top stressors that a person can experience in life. But when you get to live in a stellar city like Oakley, moving doesn't seem so challenging. Contact Mr. Cooper as you get ready to buy a house in Oakley. We're here for you every step of the way and Mr. Cooper® Real Estate Rewards can even put you in touch with a vetted real estate agent who can potentially help you save thousands of dollars.*

Oakley, CA Mr. Cooper Customer Reviews

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

Make buying or selling a Oakley home easier.

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