Types of Mr. Cooper Home Loans in Atlanta, GA
Mr. Cooper here to ally with you in Atlanta, GA as you plan your next home purchase. As the nation's third-largest home loan servicer and a top-20 home lender, we have the background to help you understand your loan options and chart a path for home buying success.
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 determine everything from how much house you can afford to what today's mortgage rates are in Atlanta. 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. Keep reading to learn more about different home mortgages and contact Mr. Cooper in Atlanta to take the first step toward reaching your goal. You could prequalify for a mortgage in no time. Get Started
What to Know About FHA Loans in Atlanta, GA
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 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%, which is a great fit for many buyers who aren't eligible for a conventional loan.
In the Atlanta 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. 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.
Should You Pursue a VA Loan in Atlanta?
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 Atlanta if you think you might be eligible for one. Contact Mr. Cooper if you're starting the home buying process in Atlanta 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. Interest rates are often significantly lower than the broader mortgage market. There’s also a chance that you may not be required 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 Atlanta is quick and easy.
When to Consider Mr. Cooper Jumbo Loans in Atlanta
Jumbo loans are another option for some homebuyers in Atlanta. 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 Atlanta, you'll probably need larger loan amounts that surpass conventional loan limits. Contact Mr. Cooper for more information on jumbo loan eligibility in Atlanta.
Buy a Home in Atlanta with Help from Mr. Cooper
Mr. Cooper's family of mortgage professionals is ready to help you buy a house in Atlanta. But we know that doesn't mean the same thing to everyone. Some people are only interested in knowing today's mortgage rates in Atlanta. Others want to get preapproved for a mortgage in Atlanta. 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 Atlanta can help you find it. Talk to 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.