Who Is Mr. Cooper in Kensington, MD?
We're a Maryland home loan company that puts people first, not piles of paperwork. But you might not have always known us by the name, "Mr. Cooper." In August 2017, we re-branded as Mr. Cooper. Before that, you may have known us as Nationstar Mortgage in Maryland. It was more than a simple name change. We overhauled our business to serve you better. For one, we ended all online transaction fees. We also reinvigorated the customer experience and added special services to help you out whether you're buying, shopping, or just living in your home. Then and now, you are our top priority.
Why Choose Mr. Cooper Mortgages in Kensington, MD?
Let's make your home ownership dreams a reality. 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 Kensington 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. Mr. Cooper in Kensington can help you do so much — even learn more about your credit score and finances in general.
We understand that getting a mortgage can seem puzzling, especially if you're a first-time home buyer in Kensington, MD. Mr. Cooper can explain how everything applies to your situation. Just give us a call and through our Mr. Cooper® Agent Assurance program, we'll get you hooked up with a real estate agent you click with. In the meantime, here’s what you need to know.
Conventional loans are a popular mortgage option for Kensington home buyers. The federal government does not insure these loans. Some benefits of a conventional loan could 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 Kensington home buyers. It's called FHA. FHA stands for Federal Housing Administration. Accordingly, FHA loans are backed by the government. When compared to a conventional loan, an FHA loan generally has less restrictive credit requirements and often allows for a lesser down payment. Ask Mr. Cooper about FHA loan requirements in Kensington today.
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 trying to buy a home in Kensington as a veteran, surviving spouse, or an active-duty service member, you could qualify for a VA loan. At Mr. Cooper, we support our country's veterans, active-duty service members, and their families. It's our privilege to help every one of them become homeowners. Due to the uniqueness of this home loan option, we encourage you to call a Mr. Cooper mortgage professional to learn more about VA loans in Kensington. Get Started
Refinance Your Home Loan in Kensington with Mr. Cooper
Besides new home loans, Mr. Cooper also provides mortgage refinancing in Kensington. 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. Most of the time, the objective of refinancing is to secure a lower interest rate and decrease your monthly payment (so you can invest more money in making memories in your Kensington house!).
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. 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. This type of refinancing also allows for debt consolidation, since you can use equity from your home to tap into cash and pay down medical bills, car loans, or credit card debt.^ Mr. Cooper in Kensington can help you learn more about refinancing and choose the right refinance option for your situation.
Buy a House in Kensington with Mr. Cooper's Help
Buying a house in Kensington, MD? Then you'll probably want to get preapproved for a home loan — along with some professional guidance for how to buy a house in Kensington. Maryland's real estate market ebbs and flows. Despite the constant change, Mr. Cooper mortgage professionals always have the most up-to-date insights. Your Mr. Cooper mortgage professional can help smooth out the home-buying process in a couple of ways: First, we can help you estimate how much house you can buy. Then, we can walk you through getting pre-approved to buy a home in Kensington. We can also help you get connected with a real estate agent through the Mr. Cooper® Agent Assurance program. Finally, Mr. Cooper can help you secure a home loan that meets your financial needs and accelerates your home ownership journey. Consider Mr. Cooper your ally, from open house to closing day. [content-title-10] Turn to Mr. Cooper Customer Service in Kensington, MD
Need Help? Contact Mr. Cooper Customer Service in Kensington, MD
We remain dedicated to serving you as your partner in the homeownership journey. So feel free to reach out to Mr. Cooper customer service in whatever way is most convenient for you. Call, sign in to our secure online message center, send an email, message us on our social media channels, or send us a letter in the mail. 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
Mr. Cooper really is your one-stop shop for the Kensington home buying journey. Our Agent Assurance program pairs you with a local Kensington agent you feel good about. StreetSmarts puts the latest home listings in Kensington right in your hands so you don't have to worry about missing your dream home. And on the off chance you don’t close on time, the Mr. Cooper Close On Time Guarantee means your first month's mortgage payment (principal and interest) is on us.* 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.