Learn About Home Loans in Shelton, CT
In Shelton, planning a home purchase is easier when you have Mr. Cooper on your side. As a top-20 home lender and the third-largest home loan servicer in the country, we have decades of experience to help you understand your loan options and finalize 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 what today's mortgage rates are in Shelton, how much house you can afford, and also get prequalified for a mortgage in Shelton. 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. Read on to learn more about different home mortgage options and call one of Mr. Cooper's mortgage professionals in Shelton to start your journey. You can begin the pre-qualification process today. Get Started
What to Know About FHA Loans in Shelton, CT
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. 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. 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 Shelton area, 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 tough to save enough money for a down payment. FHA loans can also be accessible to borrowers with less than perfect credit scores. Wherever you are on your journey, 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 Shelton?
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 Shelton if you think you might be eligible for one. Reach out to Mr. Cooper if you’re ready to buy a home in Shelton and think that you might 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. Checking your VA eligibility for a VA loan in Shelton is quick and easy with a Mr. Cooper professional guiding you through the application process.
Mr. Cooper Simplifies Jumbo Loans in Shelton, Too
Jumbo loans are another option for some homebuyers in Shelton. A jumbo loan, or a jumbo mortgage, exceeds the limits of a conventional loan. Jumbo loans are made to help people refinance or buy higher-valued real estate and are often in the millions. If you're curious about using a jumbo loan to buy a house in Shelton, you'll probably need larger loan amounts that surpass conventional loan limits. Contact Mr. Cooper for more information on jumbo loan eligibility in Shelton.
Buy a House in Shelton with Help from Mr. Cooper
Mr. Cooper's family of mortgage professionals is ready to help you buy a house in Shelton. But we know that means different things to different people. Some people just want to know the latest mortgage rates in Shelton. Others want to learn how to get preapproved for a mortgage loan in Shelton. While others are ready to speed through the loan application process and close on a home tomorrow! Whatever your unique needs and goals are, Mr. Cooper's home buyer program in Shelton 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.