Mr. Cooper Home Loans in Ashland, KY
Mr. Cooper here to ally with you in Ashland, KY as you plan your next home purchase. 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 evaluate your loan options and chart a path for home buying success.
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 determine what today's mortgage rates are in Ashland, how much house you can afford, and also get prequalified for a mortgage in Ashland. 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 contact Mr. Cooper in Ashland to take the first step toward reaching your goal. You could prequalify for a mortgage in no time. Get Started
Are You Eligible for an FHA Loan in Ashland, KY?
If you’re looking for a loan with flexible credit requirements and a potentially lower down payment, a Federal Housing Administration (FHA) loan may be a good option for you. This government-insured loan type is behind nearly 1 in 5 of all homebuyers. 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 Ashland, Mr. Cooper has watched FHA loans rise in popularity alongside increases in student loan debt and rental costs — two factors that can make it hard to save money for a large down payment. Another benefit to FHA loans is that they're often accessible to borrowers with lower credit scores. No matter your circumstances, Mr. Cooper can help you weigh the pros and cons of FHA loans and determine the best financing route for you.
Mr. Cooper Can Be Your Guide to Ashland VA Loans
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 Ashland if you think you might be eligible for one. Contact Mr. Cooper if you're starting the home buying process in Ashland and you could be eligible for a VA loan. There are many benefits in this loan type that can make the home buying process a lot easier. Many times, interest rates are substantially lower than the rest of the 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 Ashland is quick and easy.
Mr. Cooper Simplifies Jumbo Loans in Ashland, Too
Jumbo loans are a good match for many homebuyers in Ashland. A jumbo loan, or a jumbo mortgage, goes beyond the limits of a conventional loan. Jumbo loans are often in the millions and are designed to help people buy or refinance higher-valued real estate. If you're curious about using a jumbo loan to buy a house in Ashland, you'll probably need larger loan amounts that surpass conventional loan limits. For more information on jumbo loan eligibility in Ashland, contact Mr. Cooper.
Buy a Home in Ashland with Help from Mr. Cooper
The mortgage professionals at Mr. Cooper are ready to walk alongside you as you buy a home in Ashland. But we know that doesn't mean the same thing to everyone. Some people just want to check mortgage rates in Ashland. Others want to get preapproved for a mortgage in Ashland. And still others can't wait to pack their moving boxes and close on a home as soon as possible! No matter what you're looking for, Mr. Cooper's home buyer program in Ashland can help you find it. Contact a mortgage professional today.
- 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.