How Can Mr. Cooper Help You Buy a House in Birmingham, MI?
Buying a home can be one of the most rewarding yet stressful things you ever do — and even more so when you're a first-time home buyer in Birmingham, MI. There are plenty of things to learn, and Mr. Cooper is here to help cover your bases. We'll make sure you're equipped with confidence and empowered with information about prequalification, financing options, and your home search. Our mortgage professionals pull from years of experience in the home buying business to give you the most helpful information at the right time. You'll learn what to ask and when, such as, "how long has this house been for sale?" and, "how many offers has the seller received so far?" Give Mr. Cooper a call to get started.
We'll prepare you for becoming a homeowner by helping you calculate how much house you can comfortably afford in Birmingham. We'll then walk you through prequalifying for a mortgage, something that could help you stay ahead of the game. Getting prequalified for a mortgage is incredibly important when you're trying to buy a house in Birmingham. It accomplishes two things. First, it indicates that a mortgage lender thinks you're a solid candidate for a home loan. Second, it provides you with the most accurate estimate of how much you can afford to spend on a house. Finally, we'll help you select and apply for a home loan, finalize your loan, and walk alongside you until closing day. Make buying a home in Birmingham easier. Put Mr. Cooper in your corner.
What If You Are in Escrow with Mr. Cooper?
What's an escrow period? It's a phrase you'll come across throughout your homeownership journey, whether you're on the buying or selling side of things. During an escrow period, a third party holds money (or something else of value) in an account until a deal between a buyer and seller is finalized. An escrow account can be used for all types of business dealings, but we focus on how it applies to the world of real estate. As a home buyer, you generally place a percentage of the property price in escrow. As a home seller, you agree to remove the home from the market during the escrow period so it can be inspected.
Once you become a homeowner, escrow carries a different meaning. Your escrow account is like a piggy bank that holds money for your mortgage company to pay your property taxes and insurance premiums. The account makes it so that you don't have to worry about keeping track of or saving for those expenses. Contact a customer service agent today to chat about your Mr. Cooper escrow account or former Nationstar escrow account. We're here to support you, whether you're packing, unpacking, or putting up your feet. See things differently with Mr. Cooper.
Mr. Cooper Offers More Than Home Loans in Birmingham
Around Birmingham, Mr. Cooper is a great home buying ally to have in your back pocket. We'll give you the service, information, and guidance you want to make confident moves toward your best financial future. We can even provide education around credit scores and walk you through the process of boosting your credit to expand financing options that might be available to you. Boosting credit can be as simple as reducing your total debt, monitoring and resolving credit errors, and paying bills before they're due. Many credit mistakes occur when people aren’t paying attention or taking action. We believe that with a little knowledge, you can be different. Act today! Check your credit, take steps to make it better, and get prequalified for a mortgage. With Mr. Cooper as your trusted resource, you can be ready to buy your home even sooner.