Why Choose Mr. Cooper in Franklin, KY?

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Prequalify for a Mortgage in Franklin, KY with Mr. Cooper

Let's make your home ownership dreams a reality. As the nation's third-largest home loan servicer, Mr. Cooper is equipped to guide you through the home ownership process. Mr. Cooper in Franklin can be your home loan ally, whether you're searching for a conventional home loan, a Federal Housing Administration loan (FHA), or a VA loan. Mr. Cooper in Franklin can help you do so much — even learn more about your credit score and finances in general.

We understand that getting a mortgage can seem puzzling, and even more so when you're a first-time home buyer in Franklin, KY. Give us a call to see how it applies to you. In the meantime, here’s what you need to know.

Conventional loans are one of the most common and popular mortgage options for home buyers in Franklin. The federal government does not insure these loans. The government backs other home loan types, while private lenders like Mr. Cooper back conventional loans. Some advantages of a conventional loan may include numerous term lengths and agreeable interest rates.

FHA is another home loan type that may be available to you as a Franklin home buyer. FHA stands for Federal Housing Administration. Accordingly, FHA loans are backed by the government. When compared to a conventional loan, an FHA loan generally has less restrictive credit requirements and often allows for a lesser down payment. Learn more about FHA loan requirements in Franklin with Mr. Cooper.

VA home loans are only available to service members, veterans, and their spouses. If you're getting ready to buy a home in Franklin and are 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 Franklin. Get Started

Mr. Cooper Refinancing in Franklin

Besides new home loans, Mr. Cooper also provides mortgage refinancing in Franklin. Refinancing your home loan simply means paying off your current home loan and replacing it with a new one that better suits your financial needs. The new loan could come with a shorter loan term, a more favorable interest rate, or both. A majority of the time, the purpose of refinancing is to obtain a lower interest rate and cut down your monthly payment (so you can invest more money in making memories in your Franklin house!).

Like new home loans, there are a couple of different ways to refinance. For one, you can refinance for a more favorable loan term or interest rate. There's also cash-out refinancing, which allows homeowners who want to leverage equity they have built in their home as cash to pay for college tuition or home improvements. Cash-out refinancing can also be a method for debt consolidation, since you can also use equity from your home to tap into cash and pay down car loans, credit card debt, or medical bills.^ Whatever your situation, Mr. Cooper in Franklin can help you learn more about refinancing and choose the right refinance option.

Selling or Buying a House in Franklin with Mr. Cooper

Buying a house in Franklin, KY? Then you'll probably want to look into getting prequalified for a mortgage in Franklin and seek professional assistance for how to buy a home in Franklin. The real estate market in Kentucky is always changing, and Mr. Cooper mortgage professionals are equipped with the most up-to-date information. Your Mr. Cooper mortgage professional can help smooth out the home-buying process in a couple of ways: First, we’ll help you determine how much house you can realistically afford to purchase. Then, we can help you get prequalified to buy a home in Franklin and introduce you to our affiliate to find a dependable real estate agent.* Lastly, Mr. Cooper can help you secure a home loan that meets your financial needs and accelerates your home ownership journey. Consider Mr. Cooper your ally, from open house to closing day.

Selling a house in Franklin, KY? Turn to Mr. Cooper for help. We know the obstacles that come with selling a house in Franklin, 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 a good value. And as a buyer, you'll have access to thousands of home listings and might qualify for a Buyer's Bonus Credit at closing.** Ask about our Franklin Mr. Cooper Real Estate Rewards program to learn more.

Mr. Cooper is here to keep the dream of home ownership alive for every customer — including you. Contact us to learn more about applying for a home loan, refinancing an existing loan, or buying or selling a home in Franklin. We are here for you.

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