All About Buying a House in Independence, MO

Busy? Have us call you back. Call Me Back

More Information

Understanding the Independence, MO Housing Landscape

Thinking about buying a home in Independence? Congratulations! You picked a colorful city with an ideal amount of businesses, schools, restaurants and parks, and we're here to help make your home purchase and move a little easier. We support 3.8 million customers from coast to coast and know the Independence housing market well.

Given all of Missouri's growth, Independence homes aren't always easy to find at a comfortable price. Sustained cultural expansion and economic growth have helped to beckon entrepreneurs, retirees, and new graduates to the Independence area, but that much change also highlights the need for better infrastructure, larger schools, and a more diverse housing market. Despite this, Independence and its nearby areas still offer an array of homes in price and amenities. You can find single-family homes, condos, townhomes, and (ideally) your perfect home! When buying a house in Independence, consider how near or far away the home is from the places you visit most. If possible, test drive your route to work, school, and the grocery store. Your house's location will affect everything, from your morning routine to how you spend your evenings. Exploring Independence will also help you get a feel for how homes in east Independence differ from west Independence, where to find Independence's most popular attractions, and what the neighborhoods are like.

You're ready to buy a house in Independence, but is your bank account? 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 don't even have to stick with your decision to buy a house in Independence. We work with experienced homeowners and first-time 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 Independence.

First, estimate how much house you can afford. This will help you set a price range while house shopping in Independence. Then, add up the potential monthly payments (including home repairs, insurance, homeowners association fees, property taxes, etc.). No need to have an exact amount. Searching the web for Independence averages will usually give you a solid estimate, though everyone's situation is different. 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. Placing a minimum of 20% down can improve your chances of getting a favorable rate and will allow you to avoid private mortgage insurance (PMI). Even so, the required down payment will depend on the type of loan you get. This is where getting prequalified for a mortgage comes in handy. Getting prequalified helps you know how much you might be eligible to borrow from a lender. Also, check your credit. Lenders place a high importance on credit history when looking at your mortgage application. The better your credit is, the more mortgage options you may be presented with— and options are always a good thing!

It's Go Time! Buy a House in Independence, MO

Moving remains one of the biggest stressors, despite being a practically universal experience. But moving can also be incredibly rewarding, especially when you get to live in an amazing city like Independence. Contact Mr. Cooper as you prepare to buy a house in Independence. 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.*

Independence, MO Mr. Cooper Customer Reviews

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

Simplify the home buying or selling process in Independence 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.