Mr. Cooper Home Loans in Houma, LA
Mr. Cooper is here to walk alongside you in your homeownership journey in Houma, LA. As a top-20 home lender and the third-largest home loan servicer in the country, we have decades of experience to help you navigate your loan options and solidify your home buying plan.
A Mr. Cooper mortgage professional can design a custom strategy that will help you tackle the home loan process with confidence. We can help you understand everything from how much house you can afford to what today's mortgage rates are in Houma. 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. Read on to learn more about different home mortgage options and call one of Mr. Cooper's mortgage professionals in Houma to start your journey. You can begin the pre-approval process as soon as today! Get Started
Do You Qualify for an FHA Loan in Houma, LA?
A Federal Housing Administration (FHA) loan may be a good option for you if you’re looking for a loan with flexible credit requirements and a potentially lower down payment. About 1 in 5 of all homebuyers go with this type of government-insured loan. The loan program largely caters to homebuyers who cannot afford the usual 20% down payment that many private lenders require. The down payment can be as low as 3.5% and may be a perfect fit for buyers who can’t get a conventional loan.
In the Houma area, 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. No matter your circumstances, Mr. Cooper can help you determine if an FHA loan is right for you. And if it's not, we'll help you find a different financing route.
Mr. Cooper Can Be Your Guide to Houma VA Loans
This nation's service men and women, veterans, and their spouses deserve nothing but the best. Mr. Cooper can lend their expertise in helping you get qualified for a VA home loan in Houma if you think you might be eligible for one. Connect with Mr. Cooper if you're looking to buy a home in Houma and want to learn more about VA loans. There are many benefits in this loan type that can make the home buying process a lot easier. Interest rates are often significantly lower than the broader 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 Houma is quick and easy.
Mr. Cooper Also Offers Jumbo Loans in Houma
Jumbo loans are a special financing option for some homebuyers in Houma. 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 curious about using a jumbo loan to buy a house in Houma, you'll probably need larger loan amounts that surpass conventional loan limits. Contact Mr. Cooper for more information on jumbo loan eligibility in Houma.
Buy a House in Houma with Help from Mr. Cooper
The mortgage professionals at Mr. Cooper are ready to walk alongside you as you buy a home in Houma. But we know that doesn't mean the same thing to everyone. Some people just want to know the latest mortgage rates in Houma. Others can't wait to prequalify for a mortgage in Houma. While others are ready to speed through the loan application process and close on a home tomorrow! Mr. Cooper's home buyer program in Houma 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.