Contact Mr. Cooper in Troy, IL

Busy? Have us call you back. Call Me Back

More Information

Prequalify for a Mortgage in Troy, IL with Mr. Cooper

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 support you throughout your journey to home ownership. 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 Troy can help you do so much — even learn more about your credit score and finances in general.

We know that getting a mortgage can be complicated, particularly when you're a first-time home buyer in Troy, IL. Mr. Cooper can explain how everything applies to your situation. Just give us a call. Until then, here's what you need to know to get started.

Conventional loans are a popular mortgage option for Troy home buyers. These are loans that are not insured by the federal government. Private lenders like Mr. Cooper back conventional loans, where the government backs other home loan types. Some advantages of a conventional loan may include numerous term lengths and agreeable interest rates.

As a Troy home buyer, you might be eligible for FHA financing, another type of home loan. FHA loans, or Federal Housing Administration loans, are backed by the government. An FHA loan can have more flexible credit requirements and typically allows for a lesser down payment than a conventional loan. Learn more about FHA loan requirements in Troy with Mr. Cooper.

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 house in Troy and you're a veteran, surviving spouse, or an active-duty service member, you could qualify for a VA loan. At Mr. Cooper, it's our honor to help our nation's veterans, active-duty service members, and their families realize their dreams of home ownership. Since this loan option is so unique, we invite you to call Mr. Cooper to learn more about qualifying for a VA loan in Troy. Get Started

Mr. Cooper Mortgage Refinancing in Troy

In addition to new home loans, Mr. Cooper also offers mortgage refinancing in Troy. 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 objective of refinancing is to secure a lower interest rate and reduce your monthly payment (so you can invest more money in making memories in your Troy house!).

There are a few different ways you can refinance your home loan. For one, you can refinance for a more favorable loan term or interest rate. Another option is cash-out refinancing.† This option lets homeowners leverage the equity they've built in their house as cash to pay for 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 medical bills, car loans, or credit card debt.^ Whatever your situation, Mr. Cooper in Troy can help you learn more about refinancing and choose the right refinance option.

Selling or Buying a House in Troy with Mr. Cooper

Are you ready to buy a house in Troy, IL? Then you may want to start by seeking professional guidance for how to buy a house in Troy and get prequalified for a mortgage in Troy. 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. Then, we can walk you through getting prequalified to buy a home in Troy and recommend you to our affiliate to locate a good real estate agent near you.* Last but not least, Mr. Cooper can help you get a home loan that satisfies your financial needs and accelerates your home ownership journey. Think of Mr. Cooper as your ally, from home search to closing on your loan.

Selling a house in Troy, IL? Mr. Cooper has your back there, too. We're aware of the obstacles that come with selling a house in Troy, whether you're trying to sell a home for the first or fifteenth time. As a seller, you'll receive extensive sales and marketing service at an exceptional value. And as a buyer, you could be eligible for a special credit at closing and gain access to thousands of listings.** Ask about the Mr. Cooper Real Estate Rewards program in Troy 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 Troy. We're your ally.

What’s Your Goal?

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

Work with Mr. Cooper for no online transaction fees, friendly U.S.-based customer service, and a cutting-edge mobile app with more tools and info than you can imagine.