Exploring Saint Johns, FL From North to South
Ready to lay down some roots and buy a house in Saint Johns? Awesome! You've chosen a vibrant city with a great balance of parks, businesses, and educational opportunities, and we're here to help the home purchase process go a little smoother. We serve 3.8 million customers across the country and know the Saint Johns housing market well.
Saint Johns's amazing growth has made it a great place to live. But on the flip side, the growth has also led to a shortage of cheaper homes. Continued cultural expansion and economic growth have helped to entice retirees, new businesses, and young families to the Saint Johns area, but so much change also means a strain on housing options, school capacities, and city roads. That said, Saint Johns and the surrounding areas still offer an array of home styles and prices. You can find townhomes, condos, single-family homes, duplexes, and (hopefully) your dream house! When looking to buy a house in Saint Johns, double check that you're factoring in the home's distance from your daily activities. If you can, test drive your route to work, school, and the grocery store. The location of your house will impact virtually every part of your life. Traveling around Saint Johns will also give you an idea of why homes in west Saint Johns are priced differently than homes in east Saint Johns, what the communities are like, and where to find Saint Johns's coolest attractions.
Are your finances in the right place to buy a home in Saint Johns? Contact a Mr. Cooper Mortgage Professional if you're unsure of your answer. 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 Florida or elsewhere. We help new and experienced homeowners alike. Read through the following steps to help you determine if you're financially ready to buy a home in Saint Johns.
First, calculate how much house you can afford. This will help you narrow your search when house hunting in Saint Johns. After that, jot down your potential monthly payments (including property taxes, insurance, homeowners association fees, home repairs, etc.). No need to have an exact amount. Searching the web for Saint Johns averages will usually give you a solid estimate, though everyone's situation is different. Keep in mind that a mortgage payment could make up the majority of most homeowners’ monthly household expenses.
Next, consider how much you can contribute to a down payment. Putting at least 20% down will boost your chances of getting a favorable rate and will allow you to avoid private mortgage insurance (PMI). That said, the required down payment will depend on the type of loan you get. Here's where it can help to get prequalified for a mortgage. Prequalification points you in the right direction as far as how much you may be eligible to borrow. Also, check your credit. Lenders place a high importance on credit history when looking at your mortgage application. The healthier your credit is, the more mortgage options you may have open to you— and who doesn't want more choices in life?
Make Your Move: Buy a Home in Saint Johns, FL
Moving remains one of the biggest stressors, despite being a practically universal experience. But when you get to live in a stellar city like Saint Johns, moving doesn't seem so challenging. Contact Mr. Cooper as you look to buy a home in Saint Johns. We're here to help you along 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.*
- Buyer’s Bonus Credit is not available in AK, IA, KS, LA, MS, MO, OK, OR & TN.
- Mr. Cooper Real Estate Rewards is a service mark of Nationstar Mortgage LLC.