Steps to Buy a Home in Puyallup, WA
You want your home to be a haven of happiness, not a financial burden. A good way to ensure that happens is to ready your finances beforehand. Be honest with yourself to determine if you can buy a house in Puyallup, or if you should hold off until your situation is different. Walk through the following steps to get started and contact a Mr. Cooper Mortgage Professional to talk strategy.
Evaluate every angle of your finances. How do you feel about your current monthly expenses, credit history, and savings? A quick check-in with yourself can get you on the right path. The best way to start your Puyallup home buying journey is with confidence, a strong credit history, enough savings for a down payment, and a good handle on your current expenses.
Now, let's "put pencil to paper," as they say. Plug in some numbers to Mr. Cooper's affordability calculator and see where you (and your budget) stand. You can estimate about how much house you can buy in Puyallup based on income or your desired maximum monthly mortgage payment. Will this number get you into the Puyallup home or neighborhood you've had your eye on? If not, think about looking in surrounding areas or increasing your down payment. If it will, then move on to your next step. Call Mr. Cooper!
You're ready to get pre-approved for a house in Puyallup. Pre-approval is a more formal estimate of how much of a home loan you could get approved for. It's the result of some financial details you provide and a credit check. Pre-approval is also an opportunity to learn more about your various mortgage options and determine which one is right for you. Mr. Cooper’s online pre-approval tool makes it easy. Let us know where you'd like to buy a home in Puyallup, the property type, how you anticipate using the property, and whether you're currently working with a real estate professional. Type in your likely purchase price and down payment. Provide a few more personal details and you’re on your way to getting pre-approved. The process is straightforward. Pre-approval lasts 120 days.
Don't forget to budget your time when doing the math on how you can buy a house in Puyallup. Your time is one resource that's non-refundable and non-renewable, and looking for the perfect home in Puyallup can be time-consuming. Join forces with a real estate agent in Puyallup who takes care of the tedious work for you.
Applying for a home loan is the final step in getting your finances ready for a home purchase. The finish line is right around the corner! 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 ready to buy a home in Puyallup and give us a call. The path to homeownership is right in front of you!