Learn About Home Loans in Jeffersontown, KY
In Jeffersontown, planning a home purchase is easier when you have Mr. Cooper on your side. 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 navigate your loan options and chart a path for home buying success.
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 understand how much house you can afford, what mortgage rates might be in Jeffersontown, and also get pre-approved in Jeffersontown. 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. Learn more about various home mortgages below and call one of Mr. Cooper's mortgage professionals in Jeffersontown to start your journey. You can begin the pre-qualification process today. Get Started
Are You Eligible for an FHA Loan in Jeffersontown, 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.
Around Jeffersontown, Mr. Cooper has seen FHA loans increase in popularity alongside the rise of rental costs and student loan debt — two things that can make it difficult to put away money for a down payment. Another benefit to FHA loans is that they're often accessible to borrowers with lower 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.
Should You Pursue a VA Loan in Jeffersontown?
There's no question about it. America's service members, veterans, and their spouses should receive the best. If you think you might be eligible for a VA loan, Mr. Cooper can lend our expertise in helping you get qualified for a VA home loan in Jeffersontown. Contact Mr. Cooper if you're starting the home buying process in Jeffersontown 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. VA loans offer lower rates when compared to the overall mortgage landscape. You may not be required to put down a down payment, either. Confirming your VA eligibility for a VA loan in Jeffersontown is fast and simple with a Mr. Cooper professional walking you through the application process.
Mr. Cooper Also Offers Jumbo Loans in Jeffersontown
Jumbo loans are another option for some homebuyers in Jeffersontown. 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 Jeffersontown, you'll probably need larger loan amounts that surpass conventional loan limits. Contact Mr. Cooper for more information on jumbo loan eligibility in Jeffersontown.
Mr. Cooper Can Help You Buy a Home in Jeffersontown
Mr. Cooper's team of mortgage professionals is ready to guide you through your home buying journey in Jeffersontown. But we know that means different things to different people. Some people are only interested in knowing today's mortgage rates in Jeffersontown. Others can't wait to prequalify for a mortgage in Jeffersontown. And still others can't wait to pack their moving boxes and close on a home as soon as possible! Mr. Cooper's home buyer program in Jeffersontown exists to make your dreams 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.