It’s totally doable. Here’s how:

Open Houses and Walkthroughs 

Some events like Open Houses and Walkthroughs may be cancelled depending on where you live and how badly your area was hit. If they’re on as scheduled, you can expect to need proper protective equipment and to adhere to social distancing protocol. Some digital alternatives like a video chat tour and phone meetings with a realtor are likely solutions to keep the home buying process safe and efficient. 

Obtaining a Mortgage 

The good thing about being a primarily digital company is that we haven’t had to change much of anything since transitioning to remote work. Things like filling out an application, submitting documents, and chatting with your loan originator are all done online with security you can count on.  

One major change is that with so many people out of work during this pandemic, it may not be in everyone’s best interest to apply. Depending on your financial situation, you could still qualify, but many lenders are less likely to work with people that don’t have near-flawless credit history.  

Appraisals and Inspections 

In order to maintain appropriate social distancing, Fannie and Freddie have been more lenient with appraisals, allowing exterior or automated value monitoring. You can still get in-person appraisals or inspections so long as everyone is wearing appropriate protection equipment and adhering to CDC recommendations. 

Closing  

Our competitors are struggling to close on time as they’ve transitioned to online operations, whereas Kwik is as high functioning as we’ve always been. We can still guarantee our same fast turnaround from initial quote to closing. 

As for in person closing, we are still allowed to have all important parties meet to finalize paperwork so long as they’re wearing appropriate PPE.  

To Get Started  

Call or click for a no cost, no commitment rate quote in just minutes. We’re happy to help you meet your financial goals with a new home purchase or refinance today. 

This information is the most accurate as of its publish date. The information is subject to change in accordance with federal and state guidelines. 

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We are here for you during these uncertain times. To learn about your mortgage relief options, please visit our COVID-19 Info Center.