Unlocking the Secrets of Homebuying by Mark Rocha, Nexa Mortgage

Real Estate Agent with eXp Realty DRE# 01997670

When it comes to homebuying, there are a few key essentials to keep in mind. First, establish your budget and get pre-approved for a mortgage. Research neighborhoods and consider factors like schools, amenities, and commute times. Work with a trusted real estate agent to find potential properties and attend open houses. 

Conduct thorough inspections before making an offer and negotiate the best price. Finally, review all paperwork carefully before signing and closing the deal. Remember, buying a home is a big commitment, so take your time and make informed decisions throughout the process.

Recently realtor Linda Peltz sits down with Mark Rocha, a seasoned Mortgage Loan Officer with
Nexa Mortgage, to uncover the secrets of homebuying. Nexa Mortgage, a nationwide brokerage firm, offers invaluable services to prospective homebuyers, and Mark Rocha is here to shed light on the process.

Lets delve into the light and casual discussion in video below



Mortgage in Homebuying Process

Mark Rocha’s expertise lies in guiding clients through the complex journey of securing a mortgage, even when they are moving across state lines. With Nexa Mortgage extensive network of loan officers across the nation, Mark Rocha assures clients that their financing needs will be met, whether he's personally handling the transaction or collaborating with a colleague in another state.

Throughout the conversation,
realtor Linda Peltz and Mark emphasize the importance of honesty and transparency in the homebuying process. They stress that being truthful about your financial situation and goals is the first step to success. They also highlight the ever-changing nature of the real estate market and mortgage industry, urging potential buyers and sellers to stay informed and work with experienced professionals.

Mark Rocha reveals the four key areas that lenders assess when evaluating borrowers: credit score, monthly income, monthly debts, and available assets. He emphasizes how these factors are like pieces of a puzzle, and any change in one can shift the entire picture. With this insight, Mark and Linda underscore the significance of working with professionals who understand these intricacies.

The conversation delves into various strategies, including investing in real estate properties and the potential for generational wealth. They stress that the market is constantly evolving, and it's crucial to adapt your strategy accordingly. Whether you're a first-time buyer or a seasoned investor, the guidance of experts like Mark and Linda can make all the difference


Unlocking the Secrets of Homebuying


Read More:

Refinancing in Recent Real Estate Market: Insights from Mark Rocha, Nexa Mortgage

How to Start the Homebuying Process; 7 Steps to Buying a House

Do Buyers Pay Realtor Fees? Guide for Homebuyers

Understanding the Key Factors in Homebuying

  1. Credit Scores and Their Impact

When it comes to securing a mortgage, credit scores play a pivotal role. Mark Rocha emphasizes that creditworthiness reflects financial responsibility, directly impacting the terms of your loan. 


Furthermore, when two buyers are involved, lenders often consider the lower credit score between them. Therefore, understanding your credit score and working to improve it can significantly influence your homebuying journey.


  1. Financial Factors: Balancing Income, Debts, and Assets

Mark Rocha points out that the four pillars of homebuying include credit scores, monthly income, debts, and assets. These factors interact like pieces of a jigsaw puzzle, where changes in one area can affect the overall picture. Transparency with your mortgage professional is key, as they can help you navigate these aspects and devise a tailored game plan for your specific situation.

The Ever-Evolving Real Estate Market

Realtor Linda Peltz and Mark Rocha both acknowledged the market's fluid nature. They also talked about how strategies for buying and selling properties have evolved over the years. What worked six months ago might not be the best approach today.

They urged potential buyers and sellers to seek guidance from professionals who are immersed in the current market trends. Linda mentioned that open houses, which were rare during the fast-paced market, have now become more common. Real estate strategies are always adapting to the current landscape.

Whether you're a first-time buyer or an experienced investor, being informed and prepared is the first step towards securing your future in the real estate market. So reach out to them for further details and smoothen your ways in homebuying process

Mark Rocha





Call me for further details:

Linda Peltz, eXp Realty | DRE 01997670



Comments (3)

Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Linda. Proper counseling at the reapproval stage can help prevent future remorse. Enjoy your day. 

Sep 20, 2023 03:47 AM
Linda Peltz Realtor - eXp Realty

Thank you

Oct 06, 2023 06:33 PM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

This is a very complete post to share with buyers considering making an offe

Sep 20, 2023 05:02 AM
Linda Peltz Realtor - eXp Realty

Thank you 

Oct 06, 2023 06:33 PM
Charles Ross - eXp Realty LLC
eXp Realty LLC Salina Group - Salina, KS
Love To Help People

Excellent post.Thank you for sharing. Have a wonderful day and a blessed week.

Oct 06, 2023 04:54 PM
Linda Peltz Realtor - eXp Realty

Thank you

Oct 06, 2023 06:33 PM