4 Ways to Move Your Home Ownership Dreams Forward
While the coronavirus may have many of us sidelined from our usual activities, you don’t have to put your home ownership plans on hold. Here are four things you can do right now to keep your home search moving forward!
Pre-approval for a mortgage will give you a better understanding of what you can afford, and it shows you’re a serious buyer. The process of getting pre-approved for a mortgage is quite simple. All you need to do is provide your lender with the documentation they require including income information, credit history, and asset documentation. At ALCOVA, we make this easy with our ALCOVA App. Our convenient online application allows you to easily sync your financial information through your phone, tablet or computer when it is convenient for you!
Virtually Connect with Lenders and Agents
It’s important to start working with a trusted loan officer and real estate advisor, so you can move quickly once you are ready! Whether you chat by phone or video chat, they can help you navigate the market and give you the tools, resources and advice you need to get in the home you want.
At ALCOVA, we have the flexibility to work around your schedule unlike a traditional bank whether it is in person, on the phone or online. Having one-on-one interaction can be enormously beneficial during the mortgage process. You will have a lot of questions, and we are here to help every step of the way!
Do Your Research
This is a great time to investigate down payment assistance programs in your area, especially if you think you might benefit from a low down payment option when you make your home purchase. Our ALCOVA loan officers can help you understand what options are available to you. From VA loans to conventional loans, every loan is different, and we make it simple with custom-tailored service.
View Listings Online
You may not be able to check out homes for sale in person right now, but you can still discover what is available in your area. Virtual home tours and house listings are becoming extremely popular in this time of social distancing. It is easier than ever to find the home of your dreams with online tools without leaving the house (or apartment)!
Just because we are dealing with unique circumstances does not mean you have to put your dreams on hold. This may still be your year to buy a home, and we are here to help guide you through this journey!
While market conditions obviously play a major role, there are some qualifying factors within the buyer’s control that can help secure a lower interest rate. Here are six smart strategies to consider!
Doing a quick search for home inspectors in your area will come up with numerous options, but as with so many professions, some inspectors are better than others. Here are some handy tips that can assist you in your search for a reliable home inspector!
Feel more empowered and in-the-know before your next home buying journey by walking through each phase of the mortgage process!