Have You Met Mr. Cooper in Orono, ME?
We're a home loan company in Maine that values people over paperwork. But you might not have always known us by the name, "Mr. Cooper." We officially became "Mr. Cooper" in late 2017. Before that, we went by the name Nationstar Mortgage in Maine. It was more than a simple name change. We changed the way we did business for the better. For one, we eliminated all online transaction fees. We also reinvigorated the customer experience and added special services to help you out whether you're shopping, buying, or just enjoying the home you have. Then and now, we're here to serve you.
Why Choose Mr. Cooper Mortgages in Orono, ME?
Ready to make your home ownership dreams come true? Let's do it. As one of the nation's largest home loan servicers, Mr. Cooper is equipped to guide you through the home ownership process. Mr. Cooper in Orono 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 Orono — including learning more about finances in general and learning about your credit score.
We know getting a mortgage can feel overwhelming, especially if you're a first-time home buyer in Orono, ME. Call a Mr. Cooper mortgage professional for one-on-one guidance. We'll even help you get connected with a real estate agent you trust through Mr. Cooper® Agent Assurance. Here's what you need to know in the meantime.
Conventional loans are a popular mortgage option for Orono home buyers. These loans are not federally insured. Some advantages of a conventional loan might include numerous term lengths and agreeable interest rates.
Depending on your situation, you may want to consider another type of home loan that's available to many Orono home buyers. It's called FHA. FHA stands for Federal Housing Administration. Accordingly, FHA loans are backed by the government. An FHA loan can have more flexible credit requirements and typically allows for a lesser down payment than a conventional loan. Learn more about FHA loan requirements in Orono 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 Orono and are a veteran, active-duty service member, or surviving spouse, you could be eligible for a VA loan. At Mr. Cooper, it's our privilege to serve veterans and help them 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 Orono. Get Started
Mr. Cooper Mortgage Refinancing in Orono, ME
Besides new home loans, Mr. Cooper also provides mortgage refinancing in Orono. 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 may have a shorter loan term, a better interest rate, or both. Generally speaking, the goal of refinancing is to obtain a lower interest rate and decrease your monthly payment (so you can invest more money in making memories in your Orono house!).
Like new home loans, there are a couple of different ways to refinance. There's refinancing to get a more favorable interest rate 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 home improvements or college tuition.† 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 credit card debt, medical bills, or auto loans.^ Whatever your situation, Mr. Cooper in Orono can help you learn more about refinancing and choose the right refinance option.
Buy a House in Orono with Mr. Cooper's Help
Buying a house in Orono, ME? Then you'll probably want to get preapproved for a home loan — along with some professional guidance for how to buy a house in Orono. The real estate market in Maine is always changing, and Mr. Cooper mortgage professionals are equipped with the most up-to-date information. How can a Mr. Cooper mortgage professional help streamline your home-buying journey? We can help in a few ways: First, we’ll help you determine how much house you can realistically purchase. Then, we can walk you through getting pre-approved to buy a home in Orono. For help getting connected to a real estate agent, you can trust the Mr. Cooper® Agent Assurance program. Lastly, Mr. Cooper can help you secure a home loan that meets your financial needs and accelerates your home ownership journey. Think of Mr. Cooper as your ally, from home search to closing on your loan.
Need Help? Contact Mr. Cooper Customer Service in Orono, 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. Sign in to our secure online message portal, email, call, 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 transfer ownership, make a payment, learn about refinancing, or ask a quick question.
RightMove Resources for Mr. Cooper Clients
You've found your all-in-one-toolkit for the home buying journey in Orono with Mr. Cooper. Our Agent Assurance program pairs you with a local Orono agent you feel good about. StreetSmarts makes sure you know about the latest listings, so you don’t have to worry about missing out on your perfect match. 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.