Learn About Home Loans in Pomona, CA
Mr. Cooper is here to walk alongside you in your homeownership journey in Pomona, CA. 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 understand your loan options and solidify your home buying plan.
Work with a Mr. Cooper mortgage professional and you can get a customized strategy for approaching your home loan journey — one that will help you walk confidently. We can help you determine what today's mortgage rates are in Pomona, how much house you can afford, and also get prequalified for a mortgage in Pomona. Our mortgage professionals will evaluate your unique financial and living situation and will come up with a recommended plan for the best mortgage options that fit your needs. Keep reading to learn more about different home mortgages and contact Mr. Cooper in Pomona to take the first step toward reaching your goal. You could prequalify for a mortgage in no time. Get Started
Do You Qualify for an FHA Loan in Pomona, CA?
A Federal Housing Administration (FHA) loan may be a good option for you if you’re looking for a loan with flexible credit requirements and a potentially lower down payment. Close to 1 in 5 of all home buyers rely on this government-issued loan type. 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 Pomona, Mr. Cooper has seen FHA loans increase in popularity alongside the rise of rental costs and student loan debt — two circumstances that can make it hard to save money for a large down payment. FHA loans can also be accessible to borrowers with less than perfect credit scores. Whatever your situation, Mr. Cooper can help you weigh the pros and cons of FHA loans and determine the best financing route for you.
Should You Pursue a VA Loan in Pomona?
America's service men and women, veterans, and their spouses deserve the absolute best. If you think you may be eligible for a VA loan, Mr. Cooper can share their knowledge to help you get approved for a VA home loan in Pomona. Contact Mr. Cooper if you're starting the home buying process in Pomona 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 possibility that you won't have to put down a down payment. With a Mr. Cooper professional guiding you through the application process, checking your VA eligibility for a VA loan in Pomona is quick and easy.
Mr. Cooper Simplifies Jumbo Loans in Pomona, Too
Jumbo loans are a good match for many homebuyers in Pomona. 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 curious about using a jumbo loan to buy a house in Pomona, you'll probably need larger loan amounts that surpass conventional loan limits. Call Mr. Cooper to learn more about jumbo loan eligibility in Pomona.
Buy a Home in Pomona with Help from Mr. Cooper
Mr. Cooper's team of mortgage professionals is ready to guide you through your home buying journey in Pomona. But we know that means different things to different people. Some people are only interested in knowing today's mortgage rates in Pomona. Others can't wait to prequalify for a mortgage in Pomona. And still others can't wait to pack their moving boxes and close on a home as soon as possible! Whatever your unique needs and goals are, Mr. Cooper's home buyer program in Pomona is here to make them a reality. Contact 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.