Mr. Cooper Serves Durham, ME

Busy? Have us call you back. Call Me Back

More Information

Mr. Cooper Mortgages in Durham, ME

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 Durham can be your home loan ally, whether you're looking for a conventional home loan, a Federal Housing Administration loan (FHA), or a VA loan. There’s a lot you can do with Mr. Cooper in Durham — including learning more about finances in general and learning about your credit score.

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

Conventional loans are one of the most common and popular mortgage options for home buyers in Durham. These loans are not federally insured. Instead, conventional loans are backed by private lenders like Mr. Cooper. A couple of key benefits of a conventional loan may include various term lengths and favorable interest rates.

Depending on your situation, you may want to consider another type of home loan that's available to many Durham home buyers. It's called FHA. FHA loans, or Federal Housing Administration loans, are backed by the government. FHA loans are known for having more flexible credit qualifications and lesser down payments than conventional loans. Reach out to Mr. Cooper today to learn about FHA loan requirements in Durham.

VA home loans aren't available to everyone. You must be an active duty service member, a veteran, or a surviving spouse of a veteran to apply. If you're getting ready to buy a home in Durham and are an active-duty service member, a veteran, or a surviving spouse, you may be eligible 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. Because this type of home loan is so unique, we encourage you to call Mr. Cooper for more information about VA loans in Durham. Get Started

Mr. Cooper Refinancing in Durham

Mr. Cooper offers mortgage refinancing in Durham in addition to new home loans. 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 objective of refinancing is to obtain a lower interest rate and cut down your monthly payment (so you can spend more time and money making your Durham home just the way you want it!).

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 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.^ The right refinance option is a phone call away. Contact Mr. Cooper in Durham to learn more about refinancing today.

Buying or Selling a Home in Durham with Mr. Cooper

Buying a house in Durham, ME? Then you'll probably want to look into getting prequalified for a mortgage in Durham and seek professional assistance for how to buy a home in Durham. 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 Durham and introduce you to our affiliate to find a dependable real estate agent.* Finally, Mr. Cooper can help you secure a home loan that aligns with your financial situation and accelerates your home ownership journey. From open house to closing day, Mr. Cooper is your ally.

Selling a house in Durham, ME? Mr. Cooper has your back there, too. We're aware of the difficulties that come with selling a home in Durham, especially when you're trying to do it for the first time. As a seller, you'll get comprehensive marketing and sales service at a good value. And as a buyer, you could be eligible for a special credit at closing and gain access to thousands of listings.** Ask about the Mr. Cooper Real Estate Rewards program in Durham 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 refinancing, home loans, and selling or buying a house in Durham. We are here for you.

What’s Your Goal?

We see home loans differently. We see them through your eyes.

Work with Mr. Cooper for no online transaction fees, friendly U.S.-based customer service, and a cutting-edge mobile app with more tools and info than you can imagine.