Why Choose Mr. Cooper in Paris, IL?

Busy? Have us call you back. Call Me Back

More Information

Why Choose Mr. Cooper Mortgages in Paris, IL?

Ready to make your home ownership dreams come true? Let's do it. As the nation's third-largest home loan servicer, Mr. Cooper is equipped to guide you through the home ownership process. Whether you want to learn more about conventional home loans, Federal Housing Administration loans (FHA), or VA loans, you can turn to Mr. Cooper. Mr. Cooper in Paris can help you do so much — even learn more about your credit score and finances in general.

We know getting a mortgage can feel overwhelming, and even more so when you're a first-time home buyer in Paris, IL. Give us a call to see how it applies to you. In the meantime, here’s what you need to know.

Conventional loans are a popular choice for Paris home buyers and are actually one of the most common mortgage options. These loans are not federally insured. The government backs other home loan types, while private lenders like Mr. Cooper back conventional loans. Some advantages of a conventional loan could include numerous term lengths and agreeable interest rates.

FHA is another home loan type that may be available to you as a Paris home buyer. FHA loans, or Federal Housing Administration 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 Paris.

Only service members, veterans, and their spouses can receive a VA home loan. If you're trying to buy a house in Paris and you're a veteran, surviving spouse, or an active-duty service member, you could qualify 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 Paris. Get Started

Mr. Cooper Mortgage Refinancing in Paris

Besides new home loans, Mr. Cooper also provides mortgage refinancing in Paris. Refinancing your home loan simply means paying off your current home loan and replacing it with a new one that better suits your financial needs. The new loan may have a shorter loan term, a better interest rate, or both. A majority of the time, the goal of refinancing is to obtain a lower interest rate and reduce your monthly payment (so you can invest more money in making memories in your Paris house!).

Like new home loans, there are a couple of different ways to refinance. There's refinancing to get a more favorable interest rate or loan term. There's also cash-out refinancing, which allows homeowners who want to leverage equity they have built in their home as cash to pay for home remodeling or higher education. This type of refinancing also allows for debt consolidation, since you can use equity from your home to tap into cash and pay down medical bills, car loans, or credit card debt.^ Mr. Cooper in Paris can help you learn more about refinancing and choose the right refinance option for your situation.

Buy or Sell a House in Paris with Mr. Cooper's Help

Buying a house in Paris, IL? Then you'll probably want to look into getting prequalified for a mortgage in Paris and seek professional assistance for how to buy a home in Paris. The real estate market in Illinois is always changing, and Mr. Cooper mortgage professionals are equipped with the most up-to-date information. Mr. Cooper mortgage professionals will help simplify your home-buying experience in a few ways: First, we can help you estimate how much house you can afford. Then, we can walk you through getting prequalified to buy a home in Paris and connect you with our affiliate to find a reliable 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. Consider Mr. Cooper your ally, from open house to closing day.

Selling a house in Paris, IL? Mr. Cooper can help you there, too. We're aware of the difficulties that come with selling a home in Paris, especially when you're trying to do it for the first time. As a seller, you'll receive extensive sales and marketing service at a good value. And as a buyer, you'll gain access to thousands of new listings and could be eligible for a special credit at closing.** Ask about the Mr. Cooper Real Estate Rewards program in Paris to learn more.

Mr. Cooper is here to help you on your journey to home ownership. Give us a call for more information about refinancing, home loans, and selling or buying a house in Paris. We’ve got your back.

What’s Your Goal?

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

Welcome to the world of Mr. Cooper, a place with no online transaction fees, quality U.S.-based customer service, and a cutting-edge mobile app that gives you more of what you want.