Learn About Home Loans in Felton, DE
In Felton, 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 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 figure out everything from how much house you can afford to what today's mortgage rates are in Felton. 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 contact a Mr. Cooper mortgage professional in Felton to get started. You can begin the pre-approval process as soon as today! Get Started
What to Know About FHA Loans in Felton, DE
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. Close to 1 in 5 of all home buyers rely on this government-issued loan type. The loan program is primarily designed to help homebuyers who cannot afford the traditional 20% down payment that is often 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 Felton 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 difficult to put away money for a down payment. FHA loans can also be accessible to borrowers with less than perfect credit scores. Whatever your situation, 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.
Mr. Cooper Can Be Your Guide to Felton VA Loans
This nation's service men and women, veterans, and their spouses deserve nothing but the best. Mr. Cooper can lend their expertise in helping you get qualified for a VA home loan in Felton if you think you might be eligible for one. Contact Mr. Cooper if you're starting the home buying process in Felton and you could be eligible for a VA loan. This loan type can make the home buying process much easier in a couple of ways. VA loans offer lower rates when compared to the overall mortgage landscape. You may not be required to put down a down payment, either. Confirming your VA eligibility for a VA loan in Felton is fast and simple with a Mr. Cooper professional walking you through the application process.
Mr. Cooper Also Offers Jumbo Loans in Felton
Jumbo loans are a good match for many homebuyers in Felton. A jumbo mortgage, or a jumbo loan, surpasses 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 Felton, you'll probably need larger loan amounts that surpass conventional loan limits. For more information on jumbo loan eligibility in Felton, contact Mr. Cooper.
Buy a Home in Felton with Help from Mr. Cooper
Mr. Cooper's family of mortgage professionals is ready to help you buy a house in Felton. But we know that doesn't mean the same thing to everyone. Some people just want to know the latest mortgage rates in Felton. Others want to get preapproved for a mortgage in Felton. While others are ready to speed through the loan application process and close on a home tomorrow! No matter what you're looking for, Mr. Cooper's home buyer program in Felton can help you find it. 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.