All About Buying a House in Thompson, NY

Busy? Have us call you back. Call Me Back

More Information

Exploring Thompson, NY From North to South

Ready to lay down some roots and buy a house in Thompson? Awesome! You selected a colorful city with a great balance of businesses, schools, restaurants and parks, and we're here to help make your house hunt, purchase, and move more streamlined. We service 3.8 million customers across the country and have the inside scoop on Thompson's housing scene.

Given all of New York's growth, Thompson homes aren't always easy to find at a comfortable price. Continued support for local businesses and cultural growth have helped to attract young families, new businesses, and retirees to the Thompson area, but so much change also means a strain on housing options, school capacities, and city roads. That said, Thompson and its nearby areas still offer a wide range of home styles and prices. You can find townhomes, condos, single-family homes, duplexes, and (hopefully) your dream house! When buying a home in Thompson, consider the home's location in relation to your everyday activities. If possible, test drive your trip from the house to work, school, and the grocery store. Your house's location will affect everything, from your morning routine to how you spend your evenings. Traveling around Thompson will also give you an idea of why homes in west Thompson are priced differently than homes in east Thompson, what the communities are like, and where to find Thompson's coolest attractions.

Are you financially prepared to buy a house in Thompson? Reach out to a Mr. Cooper Mortgage Professional if you don't know how to go about answering that question. We believe in keeping the dream of homeownership alive and work to make the journey less worrisome and more rewarding every step of the way. It doesn't matter whether you want to buy a home in New York or somewhere else entirely. We work with new and experienced homeowners alike. Walk through the following steps to help you see if you're in a good financial position to buy a house in Thompson.

First, calculate how much house you can afford. This will help you set a price range while house shopping in Thompson. Then, jot down your potential monthly payments (including property taxes, insurance, homeowners association fees, home repairs, etc.). It's okay if these numbers are educated guesses. Everyone's situation will differ, but a quick online search for average expenses in Thompson will usually point you in the right direction. Remember that the bulk of your monthly homeowner expenses could be your monthly mortgage payment.

Then, look at how much money you can put toward a down payment. Placing a minimum of 20% down can increase your odds of getting a good rate and will allow you to avoid private mortgage insurance (PMI). However, the required down payment will depend on the type of loan you get. At this stage, getting prequalified for a loan can be extremely helpful. Prequalification points you in the right direction as far as how much you may be eligible to borrow. Also, take a good look at your credit. Lenders place a high importance on credit history when looking at 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 Thompson, NY

Moving remains one of the biggest stressors, despite being a practically universal experience. But when you get to live in a stellar city like Thompson, moving doesn't seem so challenging. Contact Mr. Cooper as you get ready to buy a house in Thompson. 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.*

Mr. Cooper Customer Reviews for Thompson, NY

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

Simplify the home buying or selling process in Thompson 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.