Special Offers From Mr. Cooper

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

Process for Getting a Mortgage in Port Huron , MI

Are you a first-time Michigan homebuyer? Or, maybe you're new to Port Huron and looking to buy a home in the area. Either way, you might have questions about the home loan process. Get answers from Mr. Cooper.

Busy? Have us call you back. Call Me Back

More Information

Port Huron, MI: A Home Loan Process That's Unique to You

Being a homeowner — it's a hope that unites us from coast to coast! And it's an endeavor that you can get assistance with along the way. If you're curious about the process of getting a mortgage in Port Huron, keep reading. Then call Mr. Cooper to take your next step. Our mortgage professionals can help you work through your unique situation to identify the right options for your needs.

We're here to help make your Michigan move an easy one, starting with the first time you search for a Port Huron home loan. can even help out when you kick off the search for a home. They can get you started with Mr. Cooper® Agent Assurance, a large group of industry-respected real estate agents who can assist with the buying and selling process. And if you're more of a DIY-er, you can browse homes on Mr. Cooper StreetSmarts. On the MLS site, you can compare Port Huron homes, check your home’s value, and set up Home Alerts to find your dream home. And get this — if you buy a home with a Mr. Cooper mortgage, we'll pay for your move (up to 50 miles).

But we're getting ahead of ourselves. You're here to learn more about moving in Michigan and the overall mortgage process. At a basic level, why do people get home loans? A home loan makes the home buying experience easier! Depending on the situation, it can also offer tax advantages. In addition, keeping your bank account full (instead of draining it on a home purchase) can help curb financial stress. These facts apply to the home loan preparation process everywhere, not just in Port Huron, MI.

Houses in Port Huron seem to move off the market just as fast as they come on, and you'll want to take action quickly — especially if you found a house you can't live without. We understand! Here are a few of the most important steps in the MI mortgage loan process.

Start by thinking about how long you'll be in your new home. Are you just passing through Port Huron on your way to your forever home? Or is this where you'll be raising your family? If you're going to be in the house for years and years, look into a fixed-rate loan. The interest rate on a fixed-rate home loan doesn't change (unless you refinance). But if you plan on moving up and out pretty quickly, look into an adjustable-rate mortgage in Port Huron. Adjustable-rate loans have a fixed rate for some time. When that period is over, the rate can adjust at specific intervals. During the pre-qualification phase, your mortgage professional can connect you with the right loan program for your situation.

Then, complete your MI lender's loan application process. The process varies from lender to lender. Still, in general, you'll need to provide the following information: pay stubs, Social Security numbers, income sources, purchase contract, credit check authorization, the address of the property you'd like to buy, the amount you want to borrow, and your banking info.

From there, your lender will provide you with a loan estimate. The estimate includes your anticipated closing costs, monthly payment, and possible interest rate. Remember that the loan estimate isn't your final Port Huron mortgage. It's an estimate, and you can get multiple loan estimates to compare and select the right loan for you.

Go through the mortgage process in Port Huron with Mr. Cooper and we'll provide you with a Verified Approval letter, which is an extremely accurate estimate. This letter means a lot to home sellers and realtors because it shows you can afford a home. You're not just browsing! Not all lenders offer Verified Approval letters as Mr. Cooper does.

Ask your lender! The more questions you ask The FTC urges home shoppers to inquire about any special programs, additional fees, the loan's annual percentage rate (APR), and whether the quoted rate is the lowest for that week or day.

Seal the Deal with a Home Mortgage in Port Huron, MI

The choice is up to you! Review your mortgage offers and select the option that's right for you. Examine the details in each one, from the loan term to the APR. A Mr. Cooper mortgage professional can help you understand the benefits and drawbacks of each. Once you confirm your choice with the lender, they might approve your loan and send a Closing Disclosure. Closing Disclosure documents are a regular part of the home loan process, wherever you live in Michigan. A Closing Disclosure is a more formal write-up of your initial estimate. Feel free to ask questions if you see that there are differences between the first estimate and disclosure.

At Your Mortgage Closing in Port Huron, MI

Once your home loan is approved by the lender, it's time to close on the home you want in Port Huron! During this step of the mortgage process, your broker and closing attorney come into the picture to sign off on the closing costs. Depending on where you live, you may also be required to work with a closing attorney in Port Huron who will schedule a time with you to sign your loan documents. Don't worry about missing your closing date, either. We guarantee we’ll close your loan on time, or your first month’s mortgage payment (principal + interest) is on us*.

Once you've "signed on the dotted line," as they say, you're in the home stretch — literally! You've completed the mortgage process in Port Huron, and it's time to roll out the welcome mat. You are a homeowner in Port Huron! Does that all sound too easy? Call Mr. Cooper. We do our best to make the home loan process in Port Huron a super easy one.

Port Huron, MI Mr. Cooper Customer Reviews

Read actual reviews from actual Mr. Cooper customers in Port Huron, MI. Then call us to see how we can help you.

Overall Rating

out of 5 stars ( customer reviews)

Make buying a Port Huron home easier.

Work with Mr. Cooper and get the support you need to make the home buying process smoother.