Learn About Home Loans in California, MD
Mr. Cooper is here to walk alongside you in your homeownership journey in California, MD. As the third-largest home loan servicer and a top-20 home lender in the country, we have decades of experience to help you evaluate your loan options and chart a path for home buying success.
Work with a Mr. Cooper mortgage professional and you can get a customized strategy for approaching your home loan journey — one that will help you walk confidently. We can help you determine what today's mortgage rates are in California, how much house you can afford, and also get prequalified for a mortgage in California. Our mortgage professionals get to know your unique financial and living situation to come up with a strategic plan for securing the best mortgage for your needs. Learn more about various home mortgages below and call one of Mr. Cooper's mortgage professionals in California to start your journey. You can begin the pre-qualification process today. Get Started
Do You Qualify for an FHA Loan in California, MD?
A Federal Housing Administration (FHA) loan may be a good option for you if you’re looking for a loan with flexible credit requirements and a potentially lower down payment. This government-insured loan type is behind nearly 1 in 5 of all homebuyers. The loan program largely caters to homebuyers who cannot afford the usual 20% down payment that many private lenders require. The down payment can be as low as 3.5% and may be a perfect fit for buyers who can’t get a conventional loan.
In California, Mr. Cooper has seen FHA loans surge in popularity at the same time as student loan debt and rental prices — two things that can make it tough to save enough money for a down payment. Another perk to FHA loans is that they're usually available to borrowers with lower credit scores. Whatever your situation, Mr. Cooper can walk you through the ins and outs of FHA loans and figure out the best financing option for your needs.
Should You Pursue a VA Loan in California?
This nation's service men and women, veterans, and their spouses deserve nothing but the best. If you think you may be eligible for a VA loan, Mr. Cooper can share their knowledge to help you get approved for a VA home loan in California. Contact Mr. Cooper if you're starting the home buying process in California and you could be eligible for a VA loan. This loan type can make the home buying process much easier in a couple of ways. Interest rates are often significantly lower than the broader mortgage market. You may not be required to put down a down payment, either. Confirming your VA eligibility for a VA loan in California is fast and simple with a Mr. Cooper professional walking you through the application process.
Mr. Cooper Also Offers Jumbo Loans in California
Jumbo loans are a good match for many homebuyers in California. A jumbo mortgage, or a jumbo loan, surpasses the limits of a conventional loan. Jumbo loans are often in the millions and are designed to help people buy or refinance higher-valued real estate. If you'd like to use a jumbo loan to buy a home in California, you will most likely require a larger loan amount that surpasses conventional loan limits. Contact Mr. Cooper for more information on jumbo loan eligibility in California.
Mr. Cooper Can Help You Buy a Home in California
The mortgage professionals at Mr. Cooper are ready to walk alongside you as you buy a home in California. But we know that means different things to different people. Some people just want to check mortgage rates in California. Others want to learn how to get preapproved for a mortgage loan in California. And still others can't wait to pack their moving boxes and close on a home as soon as possible! Whatever your unique needs and goals are, Mr. Cooper's home buyer program in California is here to make them a reality. Talk to a mortgage professional today.
- This is not a commitment to lend. All loans are subject to credit and property approval. This offer is nontransferable and may not be combined with any other mortgage offer. Advertised offer is subject to change. If a personal code is present on the advertised offer, you must provide such code to claim the offer. We may gather information about you including, but not limited to, credit bureau information, information for verification of income, information for appraisal and verification of property being used for collateral. We also verify your identity. Income, assets, and debt must meet eligibility requirements as established by Government and/or Lender guidelines.