Learn About Home Loans in Athens, AL
Mr. Cooper here to ally with you in Athens, AL as you plan your next home purchase. As the nation's third-largest home loan servicer and a top-20 home lender, we have the background to help you evaluate your loan options and solidify your home buying plan.
A Mr. Cooper mortgage professional can create a personalized strategy that will help you get smarter about your home loan options. We can help you figure out what today's mortgage rates are in Athens, how much house you can afford, and also get prequalified for a mortgage in Athens. Our mortgage professionals get to know your unique financial and living situation to come up with a strategic plan for securing the best mortgage for your needs. Learn more about various home mortgages below and call one of Mr. Cooper's mortgage professionals in Athens to start your journey. You can begin the pre-qualification process today. Get Started
Are You Eligible for an FHA Loan in Athens, AL?
If you’re looking for a loan with flexible credit requirements and a potentially lower down payment, a Federal Housing Administration (FHA) loan may be a good option for you. This government-insured loan type is behind nearly 1 in 5 of all homebuyers. The loan program is primarily designed to help homebuyers who cannot afford the traditional 20% down payment that is often required by private lenders. The down payment can be as low as 3.5% and may be a perfect fit for buyers who can’t get a conventional loan.
In the Athens area, Mr. Cooper has seen FHA loans surge in popularity at the same time as student loan debt and rental prices — two factors that can make it difficult to put away money for a down payment. FHA loans can also be accessible to borrowers with less than perfect credit scores. Whatever your situation, Mr. Cooper can help you determine if an FHA loan is right for you. And if it's not, we'll help you find a different financing route.
Should You Pursue a VA Loan in Athens?
There's no question about it. America's service members, veterans, and their spouses should receive the best. If you think you might be eligible for a VA loan, Mr. Cooper can lend our expertise in helping you get qualified for a VA home loan in Athens. Contact Mr. Cooper if you're starting the home buying process in Athens and you could be eligible for a VA loan. This type of financing has many benefits and can make the home buying process simpler. Many times, interest rates are substantially lower than the rest of the mortgage market. There’s also a chance that you may not be required to put down a down payment. Checking your VA eligibility for a VA loan in Athens is quick and easy with a Mr. Cooper professional guiding you through the application process.
Mr. Cooper Simplifies Jumbo Loans in Athens, Too
Jumbo loans are a good match for many homebuyers in Athens. A jumbo loan, or a jumbo mortgage, exceeds the limits of a conventional loan. Jumbo loans are often in the millions and are designed to help people buy or refinance higher-valued real estate. If you’re interested in jumbo loans to buy a home in Athens, you most likely need larger loan amounts that exceed conventional loan limits. Contact Mr. Cooper for more information on jumbo loan eligibility in Athens.
Mr. Cooper Can Help You Buy a Home in Athens
Mr. Cooper's family of mortgage professionals is ready to help you buy a house in Athens. But we know that doesn't mean the same thing to everyone. Some people are only interested in knowing today's mortgage rates in Athens. Others want to get preapproved for a mortgage in Athens. And still others can't wait to pack their moving boxes and close on a home as soon as possible! No matter what you're looking for, Mr. Cooper's home buyer program in Athens can help you find it. Talk to a mortgage professional today.
- This is not a commitment to lend. All loans are subject to credit and property approval. This offer is nontransferable and may not be combined with any other mortgage offer. Advertised offer is subject to change. If a personal code is present on the advertised offer, you must provide such code to claim the offer. We may gather information about you including, but not limited to, credit bureau information, information for verification of income, information for appraisal and verification of property being used for collateral. We also verify your identity. Income, assets, and debt must meet eligibility requirements as established by Government and/or Lender guidelines.