Types of Mr. Cooper Home Loans in Aurora, CO
Mr. Cooper is here to walk alongside you in your homeownership journey in Aurora, CO. As a top-20 home lender and the third-largest home loan servicer in the country, we have the background to help you navigate your loan options and chart a path for home buying success.
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 everything from how much house you can afford to what today's mortgage rates are in Aurora. 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 call one of Mr. Cooper's mortgage professionals in Aurora to start your journey. You can begin the pre-approval process as soon as today! Get Started
Do You Qualify for an FHA Loan in Aurora, CO?
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 program largely caters to homebuyers who cannot afford the usual 20% down payment that many private lenders require. With a down payment that can be as low as 3.5%, an FHA loan can end up being a perfect match for buyers who aren't eligible for conventional loans.
In Aurora, Mr. Cooper has watched FHA loans rise in popularity alongside increases in student loan debt and rental costs — 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. No matter your circumstances, Mr. Cooper can help you weigh the pros and cons of FHA loans and determine the best financing route for you.
Could You Get a VA Loan in Aurora?
There's no question about it. America's service members, veterans, and their spouses should receive the best. Mr. Cooper can lend their expertise in helping you get qualified for a VA home loan in Aurora if you think you might be eligible for one. Reach out to Mr. Cooper if you’re ready to buy a home in Aurora 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. Many times, interest rates are substantially lower than the rest of the mortgage market. You may not be required to put down a down payment, either. With a Mr. Cooper professional guiding you through the application process, checking your VA eligibility for a VA loan in Aurora is quick and easy.
Mr. Cooper Simplifies Jumbo Loans in Aurora, Too
Jumbo loans are a special financing option for some homebuyers in Aurora. 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 Aurora, you most likely need larger loan amounts that exceed conventional loan limits. Contact Mr. Cooper for more information on jumbo loan eligibility in Aurora.
Buy a House in Aurora with Help from Mr. Cooper
Mr. Cooper's family of mortgage professionals is ready to help you buy a house in Aurora. But we know that doesn't mean the same thing to everyone. Some people just want to check mortgage rates in Aurora. Others want to learn how to get preapproved for a mortgage loan in Aurora. 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 Aurora can help you find it. Reach out to a mortgage professional now.
- 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.