Learn About Home Loans in Evansville, IN
Mr. Cooper is here to walk alongside you in your homeownership journey in Evansville, IN. As a top-20 home lender and the third-largest home loan servicer in the country, we have the training and expertise to help you understand your loan options and solidify your home buying plan.
Work with a Mr. Cooper mortgage professional and you can get a customized strategy for approaching your home loan journey — one that will help you walk confidently. We can help you figure out what today's mortgage rates are in Evansville, how much house you can afford, and also get prequalified for a mortgage in Evansville. Our mortgage professionals will evaluate your unique financial and living situation and will come up with a recommended plan for the best mortgage options that fit your needs. Keep reading to learn more about different home mortgages and call one of Mr. Cooper's mortgage professionals in Evansville to start your journey. You can begin the pre-qualification process today. Get Started
Are You Eligible for an FHA Loan in Evansville, IN?
If you're searching for a loan with a potentially lower down payment and flexible credit requirements, you might want to consider a Federal Housing Administration (FHA) loan. About 1 in 5 of all homebuyers go with this type of government-insured loan. The loan program is primarily designed to help homebuyers who cannot afford the traditional 20% down payment that is often required by private lenders. 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 Evansville, Mr. Cooper has seen FHA loans increase in popularity alongside the rise of rental costs and student loan debt — two circumstances that can make it tough to save enough money for a down payment. Another perk to FHA loans is that they're usually available to borrowers with lower credit scores. Whatever your situation, Mr. Cooper can walk you through the ins and outs of FHA loans and figure out the best financing option for your needs.
Should You Pursue a VA Loan in Evansville?
There's no question about it. America's service members, veterans, and their spouses should receive the best. Mr. Cooper can lend their expertise in helping you get qualified for a VA home loan in Evansville if you think you might be eligible for one. Contact Mr. Cooper if you're starting the home buying process in Evansville 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. Interest rates are often significantly lower than the broader mortgage market. There’s also a chance that you may not be required to put down a down payment. With a Mr. Cooper professional guiding you through the application process, checking your VA eligibility for a VA loan in Evansville is quick and easy.
Mr. Cooper Simplifies Jumbo Loans in Evansville, Too
Jumbo loans are a special financing option for some homebuyers in Evansville. A jumbo loan, or a jumbo mortgage, exceeds the limits of a conventional loan. Jumbo loans are designed to help people refinance or buy higher-valued real estate and are often millions of dollars. If you're curious about using a jumbo loan to buy a house in Evansville, you'll probably need larger loan amounts that surpass conventional loan limits. Call Mr. Cooper to learn more about jumbo loan eligibility in Evansville.
Buy a Home in Evansville with Help from Mr. Cooper
Mr. Cooper's family of mortgage professionals is ready to help you buy a house in Evansville. But we know that doesn't mean the same thing to everyone. Some people just want to know the latest mortgage rates in Evansville. Others can't wait to prequalify for a mortgage in Evansville. While others are ready to speed through the loan application process and close on a home tomorrow! Mr. Cooper's home buyer program in Evansville exists to make your dreams a reality. Reach out to a mortgage professional now.
- 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.