What to Know Before Buying a Home in Valencia, CA

Busy? Have us call you back. Call Me Back

More Information

Exploring Valencia, CA From North to South

Thinking about buying a home in Valencia? Congratulations! You selected a vibrant city with a great balance 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 across the country and have the inside scoop on Valencia's housing scene.

Given all of California's growth, Valencia homes aren't always easy to find at a comfortable price. Ongoing cultural expansion and economic growth have helped to beckon young families, new businesses, and retirees to the Valencia area, but that much change also highlights the need for better infrastructure, larger schools, and a more diverse housing market. Even so, Valencia and its nearby areas still offer a wide range of home types and prices. You can find duplexes, single-family homes, townhomes, condos, and (hopefully) your dream home! When buying a house in Valencia, double check that you're factoring in the home's distance from your daily activities. If you can, drive the route you'd take from the house to your school, office, and favorite hangout spot. Your house's location will affect everything, from your morning routine to how you spend your evenings. Discovering different parts of Valencia will help you see how the northern part differs from the southern part, what the neighborhoods are like, and where to find Valencia's hottest attractions.

You're ready to buy a house in Valencia, but is your bank account? Reach out to a Mr. Cooper Mortgage Professional if you don't know how to go about answering that question. We think the dream of homeownership should never fade and try our best to make the journey easier and more rewarding. It doesn't matter whether you want to buy a home in California or somewhere else entirely. We work with new and experienced homeowners alike. Read through the following steps to help you determine if you're financially ready to buy a home in Valencia.

First, calculate how much house you can afford. This will help determine the price range for your Valencia house hunt. Then, map out your potential monthly payments (including property taxes, insurance, homeowners association fees, home repairs, etc.). You don't need an exact amount for these expenses. Everyone's situation will differ, but a quick online search for average expenses in Valencia will usually point you in the right direction. Remember that the bulk of your monthly homeowner expenses could be your monthly mortgage payment.

Next, figure out what a realistic down payment would be for you. A down payment of at least 20% can help increase your odds of getting a good rate and will allow you to avoid private mortgage insurance (PMI). Even so, down payment requirements can differ depending on the loan type. At this stage, getting prequalified for a loan can be extremely helpful. 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. The healthier your credit is, the more mortgage options you may have open to you— and more options are always good!

It's Go Time! Buy a House in Valencia, CA

As common as moving is, you'd think we'd all have figured out a less stressful way to do it. And yet, it remains a top stressor in life! But moving feels more rewarding when you get to live in a place like Valencia. Contact Mr. Cooper as you get ready to buy a house in Valencia. We're here for you every step of the way and Mr. Cooper® Real Estate Rewards can even connect you with a high-performing real estate agent who may be able to help you save thousands.*

Valencia, CA Mr. Cooper Customer Reviews

Take it from these Mr. Cooper home buyers and sellers in Valencia, CA: We love helping homeowners. Call now to see how we can serve you.

Simplify the home buying or selling process in Valencia with Mr. Cooper.

Mr. Cooper works to save buyers and sellers money at every stage of their journey, from real estate commissions to closing costs.