Special Offers From Mr. Cooper

Sorry, there are no offers available at this time. Check back soon!

Compare South Portland, ME Home Loans

For all your South Portland home loan needs, call Mr. Cooper. We're your purchase and refinance partner in Maine.

Busy? Have us call you back. Call Me Back

More Information

Get Started on Your South Portland Home Loan Journey

Homes aren't one size fits all structures. Neither are home loans in South Portland. Getting the best fit for you takes some shopping around! That’s where Mr. Cooper can help. Our mission is to keep the dream of homeownership alive starting with the loan process. We encourage you to continue reading for general information about selecting a mortgage loan, but also contact a Mr. Cooper professional with any mortgage questions you might have.

Check your credit before you start applying for loans and try your best to get it in tip-top shape. A less-than-stellar credit score could mean you'll have a higher interest rate on your mortgage loan. On the flip side, a high credit score can help you advocate for your best rate with a lender. Your credit strength, finances, and and the timeframe you're looking to move can all affect the type of home loan that fits your needs. So, what options are out there for you?

What Home Loan Options Do I Have in South Portland, ME?

There are several different types of home loans available to South Portland home buyers: conventional loans, FHA loans, FHA streamline loans, VA loans, VA Interest Rate Reduction Loans (VA IRRRL), and high balance conforming loans. A conventional loans might be a good choice for you if your credit is healthy, your income and employment history are stable, and you're ready to make a down payment of as little as 3% depending on your situation.

VA and FHA loans are both classified as government loans. Credit and income requirements are often different than conventional loans. Also, veterans, surviving spouses and active-duty service members may be eligible to apply for VA new home loans. How do you know which home loan is the best for you? A professional loan officer can help you understand your options and next steps, depending on your position in the process.

Begin in South Portland, ME with a Preapproval Letter

Get a Verified Approval Letter from your lender before you start shopping for homes in South Portland to indicate that you're a serious buyer. A Verified Approval Letter shows that your lender has looked at all of your finances and communicated about how much you can buy. It can also show to sellers you can afford the home they’re selling. Call the mortgage team at Mr. Cooper today to chat about everything from your credit, possible loan options and your Verified Approval letter. Now could be the perfect time for you to buy a house in South Portland. Call now to get the super-smart help you want!

South Portland, ME Mr. Cooper Reviews

Take it from these happy Mr. Cooper mortgage customers in South Portland, ME: We love helping homeowners. Call now to see how we can serve you.

Overall Rating

out of 5 stars ( customer reviews)

We're here to support you on the path to home ownership.

Let Mr. Cooper help you prequalify for a mortgage and get the keys to your dream home.