Contact Mr. Cooper in Centreville, IL

Busy? Have us call you back. Call Me Back

More Information

Why Choose Mr. Cooper Mortgages in Centreville, IL?

Looking to become a homeowner? It's the perfect time to do so. As the nation's third-largest home loan servicer, Mr. Cooper is ready to assist you in your journey to becoming a homeowner. Mr. Cooper in Centreville can be your home loan ally, whether you're looking for a conventional home loan, a Federal Housing Administration loan (FHA), or a VA loan. You can do so much with Mr. Cooper in Centreville — including learn more about mortgage rates, credit scores, and budgeting.

We know getting a mortgage can feel overwhelming, and even more so when you're a first-time home buyer in Centreville, IL. Call a Mr. Cooper mortgage professional for one-on-one guidance. Until then, here's what you need to know to get started.

Conventional loans are a popular choice for Centreville home buyers and are actually one of the most common mortgage options. These are loans that are not insured by the federal government. The government backs other home loan types, while private lenders like Mr. Cooper back conventional loans. Some advantages of a conventional loan may include various term lengths and favorable interest rates.

As a Centreville home buyer, you might be eligible for FHA financing, another type of home loan. FHA stands for Federal Housing Administration. Accordingly, FHA loans are backed by the government. When compared to a conventional loan, an FHA loan generally has less restrictive credit requirements and often allows for a lesser down payment. Reach out to Mr. Cooper today to learn about FHA loan requirements in Centreville.

VA home loans aren't available to everyone. You must be an active duty service member, a veteran, or a surviving spouse of a veteran to apply. If you're getting ready to buy a home in Centreville and are an active-duty service member, a veteran, or a surviving spouse, you may be eligible for a VA loan. At Mr. Cooper, we support our country's veterans, active-duty service members, and their families. It's our privilege to help every one of them become homeowners. Because this type of home loan is so unique, we encourage you to call Mr. Cooper for more information about VA loans in Centreville. Get Started

Mr. Cooper Refinancing in Centreville

In addition to new home loans, Mr. Cooper also offers mortgage refinancing in Centreville. Refinancing a home loan is simple. It means you pay off your existing home loan and replace it with a new one that's a better fit for your financial situation. The new loan may have a shorter loan term, a better interest rate, or both. Generally speaking, the purpose of refinancing is to secure a lower interest rate and decrease your monthly payment (so you can spend more money on making memories and building a life in your Centreville home!).

Similar to how there are different options for new home loans, there are also different options for refinancing. One option is to refinance to get a better interest or loan term. Cash-out refinancing is another option.† It allows homeowners who want to leverage their home's equity as cash to invest in things like home remodeling or higher education. Cash-out refinancing can also be a way to consolidate debt, since you can tap into your home's equity and use the cash to pay down car loans, credit card debt, or medical bills.^ The right refinance option is a phone call away. Contact Mr. Cooper in Centreville to learn more about refinancing today.

Selling or Buying a House in Centreville with Mr. Cooper

Buying a house in Centreville, IL? Then you'll probably want to get prequalified for a home loan — along with some professional guidance for how to buy a house in Centreville. Illinois's real estate market ebbs and flows. Despite the constant change, Mr. Cooper mortgage professionals always have the most up-to-date insights. Your Mr. Cooper mortgage professional can help smooth out the home-buying process in a couple of ways: First, we can help you estimate how much house you can afford. Next, we can help you prequalify for a mortgage in Centreville and introduce you to our affiliate to find a dependable real estate agent.* Finally, Mr. Cooper can help you get a home loan that satisfies your financial needs and furthers your journey toward home ownership. From open house to closing day, Mr. Cooper is your ally.

Selling a house in Centreville, IL? Turn to Mr. Cooper for help. We know the challenges that come with selling a home in Centreville, particularly if it's your first time doing it. As a seller, you'll get comprehensive marketing and sales service at a good value. And as a buyer, you'll have access to thousands of home listings and might qualify for a Buyer's Bonus Credit at closing.** Ask about the Mr. Cooper Real Estate Rewards program in Centreville to learn more.

Mr. Cooper is here to keep the dream of home ownership alive for every customer — including you. Call today for more information about refinancing, home loans, and selling or buying a house in Centreville. We are here for you.

What’s Your Goal?

We see home loans differently. We see them through your eyes.

Get the facts about refinancing, buying or selling a home, consolidating debt, and more. Mr. Cooper is here for you.