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What are the requirements to buy a house in California?

What are the requirements to buy a house in California? What do I need to prepare to buy a house in California?

Asked by Jan | South Sioux City, NE| 01-29-2024| 1,177 views|Buying|Updated 2 years ago

Answers (2)

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Josephine & Raj Sharma

Legacy Homes Realty · Lake Elsinore, CA

(150 reviews)
To buy a home in California, you typically need a steady income, good credit (usually 620+ for most loans), a down payment (anywhere from 3% to 20% depending on the loan), funds for closing costs, and documentation like tax returns, pay stubs, and bank statements, along with getting pre-approved by a lender to show you can qualify for a mortgage.
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03-21-2026 (1 month ago)··
Richard Van OverNovice1 Answer
Richard Van Over

EXP Realty · Lodi, CA

(43 reviews)
Requirements depends on how you are buying the home. If you are paying cash, you need to show proof that you have the money for the purchase. If you are getting a loan, the loan is going off income and yor debt ratio, credit score, proof of a job.
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02-05-2024 (2 years ago)··
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