Is It Too Late To Buy a House This Year

Is it too late to buy a house this year?  The answer really depends on a couple of factors.

It’s not too late if you follow these conditions:

Use the right lender to Buy a House

The right lender can help you get to the closing day quickly, with many of our loans closing in as little as 30 days.  Getting pre-approved in as little as a day, plus getting your paperwork turned around rapidly with our 5 Minute Loan Approval app, and extremely attentive customer service means that your loan will likely move quickly through the steps needed to close.

Be ready with your paperwork

That said, a lot of what happens and how quickly the loan progresses to buy a house depends on you.  You have to be ready with paperwork and answers when we have questions, so that we can get your loan turned around as quickly as possible  and work to get you into your dream home before the ball drops on New Years Eve.

Get Pre-Approved to Buy a House

A mortgage pre-approval is going to help put you on firm ground to make a real offer to buy a house.  You’re shopping with a budget, and the knowledge that you can backup your offer on the home with real money.  If you’re shopping for a house without a mortgage pre-approval, you’re not shopping to buy a house seriously.

Do you have a down payment?

Most mortgages, with the exception of programs like VA and USDA, generally require a down payment of some sort to buy a house, with required amounts making up a percentage of the home’s value.  Making sure that you are ready with a down payment will make it more likely that you can close as quickly as we can get your paperwork done.

So overall, it’s probably not too late to buy a house in 2020 if you follow these rules and are ready to put in a little work for it!

Call The Home Loan Expert Team at 800-991-6494. You can always apply online at hero.loan for your VA Loan, and www.thehomeloanexpert.com for your other mortgage needs, and we’re also open on Saturdays and will come to you to help close your loan. We work hard to make it easy on you.  Nobody gets lower rates on better loans than The Home Loan Expert, Ryan Kelley, why go anywhere else?