How to Afford to Buy a House in Silverthorne, CO

Busy? Have us call you back. Call Me Back

More Information

Steps to Afford to Buy a Home in Silverthorne, CO

You want your home to be a haven of happiness, not a financial burden. A great way to make that happen is to be financially prepared for your home purchase before you set foot in an open house. Know when it might be better to wait until your situation improves and when you're in a financially strong enough position to buy a home in Silverthorne. Start the process with the following steps and contact a Mr. Cooper Mortgage Professional to streamline the process.

Evaluate every angle of your finances. Are you confident about your financial situation, credit history, savings, and current monthly expenses? A quick reality check goes a long way. The best way to start your Silverthorne 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 pencil to paper," as they say. See where your budget stands with Mr. Cooper's affordability calculator. How's it looking? You can estimate about how much house you can afford in Silverthorne based on your desired maximum monthly mortgage payment and income. Does this number fit your vision? Is it enough to get you into the Silverthorne home you want? If not, consider buying a house in a surrounding area or boosting 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 Silverthorne. 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. Prequalification is also an opportunity to learn more about your various mortgage options and determine which one is right for you. Get started using Mr. Cooper’s online prequalification tool. Let us know where you want to buy a house in Silverthorne, the property type, how you're going to use the property, and if you currently have a real estate agent. Type in your likely purchase price and down payment. Follow that information with a few personal details and you're almost prequalified. It's a simple process and prequalification lasts 120 days.

When crunching the numbers on how you'll afford to buy a home in Silverthorne, factor in your time, too. Time is non-renewable and non-refundable, and looking for the perfect home in Silverthorne can be time-consuming. Turn to a real estate agent in Silverthorne who does the legwork for you. With Mr. Cooper® Real Estate Rewards, you can get personal assistance from a high-performing Silverthorne real estate agent and potentially save thousands of dollars.* Try it—there's no strings attached. See just how much you could save on closing costs and real estate commissions 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. Can you see 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 today. They are home buying experts who will work their hardest to present you with the best loan options possible.

Your dream home, or as we like to say, "The One" is waiting for you! Get your finances in order to buy a house in Silverthorne. You can start on the path to homeownership today!

Mr. Cooper Customer Reviews for Silverthorne, CO

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

Make buying or selling a Silverthorne home easier.

Work with Mr. Cooper and get the support you need to make the home buying or selling process smoother.