The Process of Buying a Home in Evansville, IN

Busy? Have us call you back. Call Me Back

More Information

Get Familiar with the Lay of the Land in Evansville, IN

Strongly considering a home purchase in Evansville? Awesome! You selected a colorful city with a dynamic selection of educational opportunities, businesses, and parks, and we're here to help make your house hunt, purchase, and move more streamlined. We service 3.8 million customers from coast to coast and know the Evansville housing market well.

Evansville is growing by the day, which means Evansville homes don't always come cheap. Ongoing economic growth and cultural expansion have helped to entice entrepreneurs, retirees, and new graduates to the Evansville area, but so much change also means more traffic, more competition, and a need for more schools. That said, Evansville and its neighboring areas still offer a variety of home styles and prices. You can find single-family homes, condos, townhomes, and (ideally) your dream house! When buying a house in Evansville, double check that you're factoring in the home's distance from your daily activities. If you can, drive the route you'd take from the house to your school, office, and favorite hangout spot. The location of your house will impact virtually every part of your life. Discovering different parts of Evansville will help you see how the northern part differs from the southern part, what the communities are like, and where to find Evansville's coolest attractions.

Are your finances in the right place to buy a home in Evansville? Contact a Mr. Cooper Mortgage Professional if you're unsure of your answer. We believe everyone can find their dream home and work to make the journey less worrisome and more rewarding every step of the way. You could choose to buy a home in Indiana or elsewhere. We support first-time homeowners and experienced homeowners alike. Walk through the following steps to help you determine if you're financially ready to buy a home in Evansville.

First, estimate how much house you can afford. This will help you narrow your search when house hunting in Evansville. Then, map out your potential monthly payments (including property taxes, insurance, home repairs, homeowners association fees, etc.). No need to have an exact amount. While everyone's situation is different, an online search for Evansville averages will usually give you some solid estimates. Keep in mind that your monthly mortgage payment could make up the bulk of your monthly home expenses.

Now, figure out what a realistic down payment would be for you. A down payment of at least 20% can help improve your odds of getting a good rate and will allow you to avoid private mortgage insurance (PMI). That said, down payment requirements can differ depending on the loan type. At this stage, getting prequalified for a loan can be extremely helpful. Getting prequalified will give you an idea of how much you might qualify to borrow. Also, check your credit. Credit history is an important part of your mortgage application. You may be presented with more mortgage options if you have healthy credit— and options are always a good thing!

Make Your Move: Buy a Home in Evansville, IN

Moving remains one of the biggest stressors, despite being a practically universal experience. But when you get to live in a stellar city like Evansville, moving doesn't seem so challenging. Contact Mr. Cooper as you prepare to buy a house in Evansville. We're here for you every step of the way and Mr. Cooper® Real Estate Rewards can even connect you with a high-performing real estate agent who may be able to help you save thousands.*

Mr. Cooper Customer Reviews for Evansville, IN

Take it from these Mr. Cooper home buyers and sellers in Evansville, IN: We love helping homeowners. Call now to see how we can serve you.

Make buying or selling a Evansville home easier.

Work with Mr. Cooper and get the support you need to make the home buying or selling process smoother.