Meet Mr. Cooper in Portland, ME
We're a Maine home loan company that puts people first, not piles of paperwork. As our company has changed and advanced over the years, so has our name. In August 2017, we re-branded as Mr. Cooper. You may have previously known us as 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 enhanced the customer journey 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.
Why Choose Mr. Cooper Mortgages in Portland, ME?
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 Portland 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. You can do so much with Mr. Cooper in Portland — including learn more about mortgage rates, credit scores, and budgeting.
We know that getting a mortgage can be complicated, particularly when you're a first-time home buyer in Portland, 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 choice for Portland home buyers and are actually one of the most common mortgage options. The federal government does not insure these loans. The government backs other home loan types, while private lenders like Mr. Cooper back conventional loans. Some advantages of a conventional loan may include favorable interest terms and various term lengths.
Depending on your situation, you may want to consider another type of home loan that's available to many Portland home buyers. It's called FHA. FHA loans, or Federal Housing Administration 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. Reach out to Mr. Cooper today to learn about FHA loan requirements in Portland.
VA home loans are only available to service members, veterans, and their spouses. If you're trying to buy a house in Portland and you're 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 privilege to serve veterans and help them realize their dreams of home ownership. Since this loan option is so unique, we invite you to call Mr. Cooper to learn more about qualifying for a VA loan in Portland. Get Started
Refinance Your Home Loan in Portland with Mr. Cooper
Mr. Cooper offers mortgage refinancing in Portland 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. Generally speaking, the objective of refinancing is to secure a lower interest rate and reduce your monthly payment (so you can spend more time and money making your Portland home just the way you want it!).
There are a few different ways you can refinance your home loan. There's refinancing to get a more favorable interest rate or loan term. Another option is cash-out refinancing.† This option lets homeowners leverage the equity they've built in their house as cash to pay for things like home improvements or college tuition.† 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 Portland to learn more about refinancing today.
Buy a House in Portland with Mr. Cooper's Help
Are you ready to buy a house in Portland, ME? Then you'll probably want to look into getting prequalified for a mortgage in Portland and seek professional assistance for how to buy a home in Portland. 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 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 Portland. If you're in need of a real estate agent, we can help get you connected through the Mr. Cooper® Agent Assurance program. Finally, Mr. Cooper can help you get a home loan that satisfies your financial needs and advances your dream of being a homeowner. Think of Mr. Cooper as your ally, from home search to closing on your loan.
Contact Mr. Cooper Customer Service for Help in Portland, 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. Send an email, call, sign in to our secure online messaging service, or message us through a social media channel like Facebook. You can even send us a letter. Connecting with Mr. Cooper is simple, whether you need to complete a transfer of ownership, make a payment, learn about refinancing, or ask a quick question.
RightMove Resources for Mr. Cooper Clients
We’ve covered all the bases when it comes to the Portland home buying journey, so hitting a “home run” is easier than ever. Our Agent Assurance program pairs you with a local Portland 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.