Contact Mr. Cooper in Sullivan, IL

Busy? Have us call you back. Call Me Back

More Information

Why Choose Mr. Cooper Mortgages in Sullivan, 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 equipped to guide you through the home ownership process. Mr. Cooper in Sullivan 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. There’s a lot you can do with Mr. Cooper in Sullivan — including learning more about finances in general and learning about your credit score.

We know getting a mortgage can feel overwhelming, and even more so when you're a first-time home buyer in Sullivan, 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 Sullivan home buyers and are actually one of the most common mortgage options. The federal government does not insure these loans. Instead, conventional loans are backed by private lenders like Mr. Cooper. Some benefits of a conventional loan could include numerous term lengths and agreeable interest rates.

As a Sullivan home buyer, you might be eligible for FHA financing, another type of home loan. FHA loans are also called Federal Housing Administration loans. They're backed by the U.S. government. An FHA loan can have more flexible credit requirements and typically allows for a lesser down payment than a conventional loan. Ask Mr. Cooper about FHA loan requirements in Sullivan today.

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 trying to buy a home in Sullivan as 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 Sullivan. Get Started

Mr. Cooper Refinancing in Sullivan

In addition to new home loans, Mr. Cooper also offers mortgage refinancing in Sullivan. Refinancing your home loan means that you pay off your current home loan and replace it with a new one that can better meet your financial needs. The new loan may have a shorter loan term, a better interest rate, or both. Generally speaking, the purpose of refinancing is to get a lower interest rate and decrease your monthly payment (so you can spend more money on making memories and building a life in your Sullivan 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. 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.^ The right refinance option is a phone call away. Contact Mr. Cooper in Sullivan to learn more about refinancing today.

Selling or Buying a House in Sullivan with Mr. Cooper

Buying a house in Sullivan, 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 Sullivan. Despite Illinois's ever-changing real estate market, Mr. Cooper mortgage professionals are always equipped with the latest insights. How can a Mr. Cooper mortgage professional help streamline your home-buying journey? We can help in a few ways: First off, we can help you calculate how much house you can afford to buy. Then, we can walk you through getting prequalified to buy a home in Sullivan 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. From open house to closing day, Mr. Cooper is your ally.

Are you researching how to sell a house in Sullivan, IL? Mr. Cooper can help you there, too. We're aware of the obstacles that come with selling a house in Sullivan, especially when you're trying to do it for the first time. As a seller, you'll get in-depth marketing and sales insight at a great 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 Sullivan to learn more.

Mr. Cooper is here to help you on your journey to home ownership. Call today for more information about applying for a home loan, refinancing an existing loan, or buying or selling a home in Sullivan. We are here for you.

What’s Your Goal?

We're here to support you on the path to home ownership.

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.