Types of Mr. Cooper Home Loans in Decatur, GA
Mr. Cooper here to ally with you in Decatur, GA as you plan your next home purchase. 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 solidify your home buying plan.
A Mr. Cooper mortgage professional can create a personalized strategy that will help you get smarter about your home loan options. We can help you determine what today's mortgage rates are in Decatur, how much house you can afford, and also get prequalified for a mortgage in Decatur. 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 Decatur to take the first step toward reaching your goal. You can begin the pre-approval process as soon as today! Get Started
Are You Eligible for an FHA Loan in Decatur, GA?
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. Close to 1 in 5 of all home buyers rely on this government-issued loan type. 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%, which is a great fit for many buyers who aren't eligible for a conventional loan.
In Decatur, Mr. Cooper has seen FHA loans increase in popularity alongside the rise of rental costs and student loan debt — two things that can make it difficult to put away money for a down payment. Another benefit to FHA loans is that they're often accessible to borrowers with lower credit scores. Whatever your situation, Mr. Cooper can help you weigh the pros and cons of FHA loans and determine the best financing route for you.
Mr. Cooper Can Be Your Guide to Decatur VA Loans
There's no question about it. America's service members, veterans, and their spouses should receive the best. If you think you may be eligible for a VA loan, Mr. Cooper can share their knowledge to help you get approved for a VA home loan in Decatur. Contact Mr. Cooper if you're starting the home buying process in Decatur 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 Decatur is fast and simple with a Mr. Cooper professional walking you through the application process.
Mr. Cooper Simplifies Jumbo Loans in Decatur, Too
Jumbo loans are a good match for many homebuyers in Decatur. 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 Decatur, you most likely need larger loan amounts that exceed conventional loan limits. For more information on jumbo loan eligibility in Decatur, contact Mr. Cooper.
Mr. Cooper Can Help You Buy a Home in Decatur
Mr. Cooper's family of mortgage professionals is ready to help you buy a house in Decatur. But we know that means different things to different people. Some people are only interested in knowing today's mortgage rates in Decatur. Others can't wait to prequalify for a mortgage in Decatur. And still others can't wait to pack their moving boxes and close on a home as soon as possible! Whatever your unique needs and goals are, Mr. Cooper's home buyer program in Decatur 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.