Learn About Home Loans in Frankfort, KY
Mr. Cooper is here to walk alongside you in your homeownership journey in Frankfort, KY. As a top-20 home lender and the third-largest home loan servicer in the country, we have the background to help you navigate your loan options and solidify your home buying plan.
A Mr. Cooper mortgage professional can create a personalized strategy that will help you get smarter about your home loan options. We can help you determine how much house you can afford, what mortgage rates might be in Frankfort, and also get pre-approved in Frankfort. Our mortgage professionals get to know your unique financial and living situation to come up with a strategic plan for securing the best mortgage for your needs. Read on to learn more about different home mortgage options and call one of Mr. Cooper's mortgage professionals in Frankfort to start your journey. You can begin the pre-approval process as soon as today! Get Started
Are You Eligible for an FHA Loan in Frankfort, KY?
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. This government-insured loan type is behind nearly 1 in 5 of all homebuyers. The loan system is specifically geared toward homebuyers who can't afford the typical 20% down payment that's usually 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 the Frankfort area, Mr. Cooper has watched FHA loans rise in popularity alongside increases in student loan debt and rental costs — two factors that can make it tough to save enough money for a down payment. FHA loans can also be accessible to borrowers with less than perfect credit scores. Whatever your situation, 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 Frankfort VA Loans
America's service men and women, veterans, and their spouses deserve the absolute best. If you think you may be eligible for a VA loan, Mr. Cooper can share their knowledge to help you get approved for a VA home loan in Frankfort. Contact Mr. Cooper if you're starting the home buying process in Frankfort 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. VA loans offer lower rates when compared to the overall mortgage landscape. You may not be required to put down a down payment, either. Checking your VA eligibility for a VA loan in Frankfort is quick and easy with a Mr. Cooper professional guiding you through the application process.
Mr. Cooper Simplifies Jumbo Loans in Frankfort, Too
Jumbo loans are another option for some homebuyers in Frankfort. A jumbo mortgage, or a jumbo loan, surpasses the limits of a conventional loan. Jumbo loans are made to help people refinance or buy higher-valued real estate and are often in the millions. If you’re interested in jumbo loans to buy a home in Frankfort, you most likely need larger loan amounts that exceed conventional loan limits. Call Mr. Cooper to learn more about jumbo loan eligibility in Frankfort.
Buy a Home in Frankfort with Help from Mr. Cooper
The mortgage professionals at Mr. Cooper are ready to walk alongside you as you buy a home in Frankfort. But we know that doesn't mean the same thing to everyone. Some people just want to check mortgage rates in Frankfort. Others want to get preapproved for a mortgage in Frankfort. While others are ready to apply for a home loan and close as soon as possible! Whatever your unique needs and goals are, Mr. Cooper's home buyer program in Frankfort is here to make them a reality. 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.