The Housing Market has undeniably been affected by the Covid-19 pandemic, forcing many Americans out of the city, into the suburbs and transforming their residences not only into their workplace, but into their place of education as well. With more time spent at home, more families are re-evaluating the type of residences they need and are facing the question of whether they should upsize their home.
The market is still holding on as rates continue to remain low and now that it has become a buyer’s market, it has become a great time to purchase or refinance a home. For those finding themselves in the predicament of whether to buy a home, The Mortgage Reports share a few tips to consider while purchasing during the Pandemic:
This is a stressful time period, and though it is hard to predict what the outlook for the housing market will be in the future, there are many different programs to help you make it through. If you need help with finding the best loan program for you, call us and let one of our loan specialists assist you.
Omega Financial Services, Inc. has been originating, FHA, First Time Home Buyers, Conventional , 203k and VA Loans. Our services supports the consumer by providing a product that is in demand by many but supplied by very few, we offer the 203k program as an FHA loan. The company funds loans in all credit markets. The credit decision is made by our underwriter we originated, process, approved and fund our loans in house.
We are a licensed multi-state mortgage lender approved by the banking departments in several States NMLS #20169
New Jersey (9930047) | New York (B500993) | Pennsylvania (33116) | Florida (MLD1382) | Connecticut (NMLS #20169)