Who Is Mr. Cooper in Biddeford, ME?
We're a Maine home loan company that puts people first, not piles of paperwork. But you might not have always known us by the name, "Mr. Cooper." We adopted the name "Mr. Cooper" in August 2017. Before that, we went by the name Nationstar Mortgage in Maine. The switch signified more than a company name change. We changed the way we did business for the better. How? First off, we eliminated all online transaction fees. We also reinvigorated the customer experience and added more services so you get great support whether you're buying, shopping, or just living in your home. Then and now, we're here to serve you.
Prequalify for a Mortgage in Biddeford, ME with Mr. Cooper
Looking to become a homeowner? It's the perfect time to do so. As one of the nation's largest home loan servicers, Mr. Cooper is ready to support you throughout your journey to home ownership. Mr. Cooper in Biddeford 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 Biddeford can help you do so much — even learn more about your credit score and finances in general.
We know getting a mortgage can feel overwhelming, particularly when you're a first-time home buyer in Biddeford, ME. Mr. Cooper can explain how everything applies to your situation. Just give us a call and through our Mr. Cooper® Agent Assurance program, we'll get you hooked up with a real estate agent you click with. Until then, here's what you need to know to get started.
Conventional loans are a popular mortgage option for Biddeford home buyers. These loans are not federally insured. Private lenders like Mr. Cooper back conventional loans, where the government backs other home loan types. A couple of key benefits of a conventional loan could include numerous term lengths and agreeable interest rates.
As a Biddeford home buyer, you might be eligible for FHA financing, another type of home loan. FHA loans, or Federal Housing Administration 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 Biddeford with Mr. Cooper.
Only service members, veterans, and their spouses can receive a VA home loan. If you're getting ready to buy a home in Biddeford 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. Due to the uniqueness of this home loan option, we encourage you to call a Mr. Cooper mortgage professional to learn more about VA loans in Biddeford. Get Started
Mr. Cooper Mortgage Refinancing in Biddeford, ME
In addition to new home loans, Mr. Cooper also offers mortgage refinancing in Biddeford. Refinancing a home loan is simply paying off your existing home loan and replacing it with a new one that's a better fit for your financial situation. The new loan might come with a more favorable interest rate, a shorter loan term, or both. Most of the time, the goal of refinancing is to get a lower interest rate and reduce your monthly payment (so you can invest more money in making memories in your Biddeford house!).
Like new home loans, there are a couple of different ways to refinance. One option is to refinance to get a better interest or loan term. 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 way to consolidate debt, since you can tap into your home's equity and use the cash to pay down car loans, credit card debt, or medical bills.^ Whatever your situation, Mr. Cooper in Biddeford can help you learn more about refinancing and choose the right refinance option.
Buy a House in Biddeford with Mr. Cooper's Help
Getting ready to buy a home in Biddeford, ME? Then you'll probably want to get prequalified for a home loan — along with some professional guidance for how to buy a house in Biddeford. Despite Maine's ever-changing real estate market, Mr. Cooper mortgage professionals are always equipped with the latest insights. How can a Mr. Cooper mortgage professional help streamline your home-buying journey? We can help in a few ways: First off, we can help you calculate how much house you can afford to buy. Then, we can help you get prequalified to buy a home in Biddeford. For help getting connected to a real estate agent, you can trust the Mr. Cooper® Agent Assurance program. Last but not least, Mr. Cooper can help you secure a home loan that meets your financial needs and advances your dream of being a homeowner. From open house to closing day, Mr. Cooper is your ally.
Contact Mr. Cooper Customer Service for Help in Biddeford, ME
We're here to walk alongside you in your homeownership journey and remain dedicated to serving you. So feel free to reach out to Mr. Cooper customer service in whatever way is most convenient for you. Call, sign in to our secure online message center, send an email, drop a note in one of our social media channels, or put a letter in the mail. Connecting with Mr. Cooper is simple, whether you need to notify us that you've been awarded property through a divorce, become a successor in interest for a Mr. Cooper loan, make a payment, or ask a quick question.
RightMove Resources for Mr. Cooper Clients
Mr. Cooper really is your one-stop shop for the Biddeford home buying journey. Our Agent Assurance program pairs you with a local Biddeford agent you feel good about. StreetSmarts puts the latest home listings in Biddeford right in your hands so you don't have to worry about missing your dream home. We turn little hiccups into wins, too. If you don’t close on time, our Close On Time Guarantee means we’ll pay your first month's mortgage payment (principal and interest).* Make a local move of up to 50 miles and Mr. Cooper will even pay for your move.** That’s what we like to call friends helping friends.
- † A cash‐out refinance increases your mortgage debt and reduces the equity you may have in your home. Your monthly mortgage payments may be higher.
- ^ A debt consolidation refinance increases your mortgage debt, reduces equity, and extends the term on shorter‐term debt and secures such debts with your home. The relative benefits you receive from debt consolidation will vary depending on your individual circumstances. You should consider that a debt consolidation loan may increase the total number of monthly payments and the total amount paid over the term of the loan. To enjoy the benefits of a debt consolidation loan, you should not carry new credit card or high interest rate debt.