Mr. Cooper Home Loans in Tempe, AZ
Mr. Cooper is here to walk alongside you in your homeownership journey in Tempe, AZ. As a top-20 home lender and the third-largest home loan servicer in the country, we have the training and expertise to help you evaluate your loan options and solidify your home buying plan.
A Mr. Cooper mortgage professional can design a custom strategy that will help you tackle the home loan process with confidence. We can help you understand everything from how much house you can afford to what today's mortgage rates are in Tempe. 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 Tempe to start your journey. You could prequalify for a mortgage in no time. Get Started
What to Know About FHA Loans in Tempe, AZ
If you're searching for a loan with a potentially lower down payment and flexible credit requirements, you might want to consider a Federal Housing Administration (FHA) loan. This government-insured loan type is behind nearly 1 in 5 of all homebuyers. The loan system is specifically geared toward homebuyers who can't afford the typical 20% down payment that's usually 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 Tempe 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 hard to save money for a large down payment. Another perk to FHA loans is that they're usually available to borrowers with lower credit scores. Whatever your situation, Mr. Cooper can walk you through the ins and outs of FHA loans and figure out the best financing option for your needs.
Should You Pursue a VA Loan in Tempe?
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 Tempe. Reach out to Mr. Cooper if you’re ready to buy a home in Tempe and think that you might be eligible for a VA loan. There are many benefits in this loan type that can make the home buying process a lot easier. Interest rates are often significantly lower than the broader 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 Tempe is quick and easy with a Mr. Cooper professional guiding you through the application process.
Mr. Cooper Simplifies Jumbo Loans in Tempe, Too
Jumbo loans are a special financing option for some homebuyers in Tempe. A jumbo loan, or a jumbo mortgage, goes beyond the limits of a conventional loan. Jumbo loans are designed to help people refinance or buy higher-valued real estate and are often millions of dollars. If you're curious about using a jumbo loan to buy a house in Tempe, you'll probably need larger loan amounts that surpass conventional loan limits. For more information on jumbo loan eligibility in Tempe, contact Mr. Cooper.
Mr. Cooper Can Help You Buy a Home in Tempe
The mortgage professionals at Mr. Cooper are ready to walk alongside you as you buy a home in Tempe. But we know that doesn't mean the same thing to everyone. Some people are only interested in knowing today's mortgage rates in Tempe. Others want to get preapproved for a mortgage in Tempe. While others are ready to speed through the loan application process and close on a home tomorrow! Mr. Cooper's home buyer program in Tempe exists to make your dreams a reality. 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.