Buying a House in Ledyard, CT Is Easier with Mr. Cooper
Buying a home can be as exhilarating as it is stressful — especially when you're a first-time home buyer in Ledyard, CT. Mr. Cooper is here to help you learn everything you need to know. We'll work to empower you with information, so you feel confident about prequalification, financing, and finding the right home. Our mortgage professionals have years of experience buying homes, and they know how to customize information to fit your situation. You'll figure out what questions to ask and when, such as, "how long has this house been for sale?" and, "how many offers has the seller received so far?" Contact Mr. Cooper today to learn more.
We'll prepare you for becoming a homeowner by helping you calculate how much house you can comfortably afford in Ledyard. We'll then walk you through prequalifying for a mortgage, something that could help you stay ahead of the game. Mortgage prequalification is one of the most important things you can do when buying a house in Ledyard. It shows that a mortgage lender believes you are a good candidate for a home loan, and you'll end up with an estimate of how much you can afford to spend on your new home. Lastly, we'll help you choose and apply for a home loan, secure your loan, and walk you through the process until closing day. Buying a home in Ledyard could be even easier when you have Mr. Cooper in your corner.
What If You Are in Escrow with Mr. Cooper?
No matter whether you're a home seller or buyer, you'll hear the phrase escrow period quite a bit throughout your homeownership journey. Escrow period is when a third party holds on to something of value, typically money, in a certain account until an exchange between a seller and buyer is finalized. Escrow accounts are used for many types of business handlings, but we focus on how it is used in real estate. If you're the one buying the home, you generally place a percentage of the property price in escrow. If you're the home seller, you agree to take the home off the market while it's "in escrow" so it can be inspected.
Once you become a homeowner, escrow carries a different meaning. Your escrow account holds money that your mortgage servicer sets aside to pay your insurance premiums and property taxes. The account helps alleviate the stress of having to save for and keep track of those expenses. Connect with one of our dedicated customer service agents to learn about your Mr. Cooper escrow account or former Nationstar escrow account. We are here to walk with you, whether you're packing, unpacking, or putting up your feet. Let's get you home.
Mr. Cooper is More Than a Home Lender in Ledyard
Around Ledyard, Mr. Cooper is the ally you want to help you along the way when buying a home. We'll give you the information, service, and support you want to make confident moves toward your best financial future. We can even provide education around credit scores and walk you through the process of boosting your credit to expand financing options that might be available to you. Boosting credit can be as straightforward as paying bills before they're due, monitoring and resolving credit errors, and reducing your overall debt. Credit mistakes often happen when people don't take action or aren't paying attention. We believe that with a little knowledge, you can be different. You can take action, check your credit, work to improve it, and get prequalified for a home loan. With Mr. Cooper as your go-to advisor, you can be prepared to buy a house even sooner.