Home Ownership for Military
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If owning your own home is your goal, plan ahead. There are steps you should take to speed up the process before your military relocation becomes a reality.
- Open a new house saving account. Generally, lenders require a down
payment of 5 to 20 percent. The more you
save for a down payment, the lower your loan payments will be. - When you know where you are heading, research the Internet for information about the new community. Find out the pros and cons of living in the community. Compare locations within the community for convenience to the military base, schools and community resources.
- Get pre-approved for a home loan. Your real estate agent can recommend local financial institutions that offer pre-qualification.
- Order a copy of your credit report. Many consumers are not aware of problems on their credit report that have a negative impact on credit approval. If there are errors, fix them. If there are unresolved credit issues, resolve them.
- Get organized. Ask your real estate consultant what documentation you will need when applying for a mortgage. Some information and documentation can only be requested after completing a mortgage application. Other information and financial history can be researched and obtained prior to a credit application. Create and maintain a file with as much advance information as possible to avoid delaying the loan process.
Planning and preparation help reduce the stress of military relocation, finding a house, and moving your family to their new home.
San Diego Military Relocation Articles
- Living On or Off base? Some Things to Think About
- Questions to Ask When You're Involved in a Military Relocation
- Basic Allowance for Housing for Military Families
- Renting or Buying in a Military Relocation?
- Getting a Jump Start on Home Ownership for Military Personnel
- Thinking Long Term -- Planning for Retirement Near a Military Base
Military Relocation Benefits
- Receive immediate contact from one of our military relocation specialists.
- Full service military relocation department providing highly personalized service.
- Provide personal & professional advice and counsel in buying or selling real estate.
- Information & services tailored to your needs
- Provide loan assistance.
- Serviced by only experienced knowledgeable military relocation agents.
San Diego Military Relocation Specialist
A member of our San Diego Relocation Team will be happy to assist you with your military relocation today. As your San Diego military relocation specialist, you can be assured that we will always look out for your best interests. For more information on military relocating or buying a home, please call or email today, and we'll be happy to assist you throughout your real estate transaction.