Why Choose Mr. Cooper in Shelby Township, MI?

Busy? Have us call you back. Call Me Back

More Information

Why Choose Mr. Cooper Mortgages in Shelby Township, MI?

Looking to become a homeowner? It's the perfect time to do so. As the nation's third-largest home loan servicer, Mr. Cooper is ready to support you throughout your journey to home ownership. Whether you want to learn more about conventional home loans, Federal Housing Administration loans (FHA), or VA loans, you can turn to Mr. Cooper. There’s a lot you can do with Mr. Cooper in Shelby Township — including learning more about finances in general and learning about your credit score.

We know getting a mortgage can feel overwhelming, particularly when you're a first-time home buyer in Shelby Township, MI. Mr. Cooper can explain how everything applies to your situation. Just give us a call. In the meantime, here’s what you need to know.

Conventional loans are a popular choice for Shelby Township home buyers and are actually one of the most common mortgage options. These are loans that are not insured by the federal government. The government backs other home loan types, while private lenders like Mr. Cooper back conventional loans. Some benefits of a conventional loan may include various term lengths and favorable interest rates.

Depending on your situation, you may want to consider another type of home loan that's available to many Shelby Township home buyers. It's called FHA. FHA loans, or Federal Housing Administration loans, are backed by the government. An FHA loan can have more flexible credit requirements and typically allows for a lesser down payment than a conventional loan. Ask Mr. Cooper about FHA loan requirements in Shelby Township today.

VA home loans are only available to service members, veterans, and their spouses. If you're trying to buy a home in Shelby Township 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. Because this type of home loan is so unique, we encourage you to call Mr. Cooper for more information about VA loans in Shelby Township. Get Started

Mr. Cooper Refinancing in Shelby Township

Besides new home loans, Mr. Cooper also provides mortgage refinancing in Shelby Township. Refinancing your home loan simply means paying off your current home loan and replacing it with a new one that better suits your financial needs. The new loan may have a shorter loan term, a better interest rate, or both. A majority of the time, the objective of refinancing is to secure a lower interest rate and cut down your monthly payment (so you can spend more money on making memories and building a life in your Shelby Township home!).

Similar to how there are different options for new home loans, there are also different options for refinancing. For one, you can refinance for a more favorable loan term or interest rate. 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 home improvements or college tuition.† Cash-out refinancing can also be a method for debt consolidation, since you can also use equity from your home to tap into cash and pay down car loans, credit card debt, or medical bills.^ Mr. Cooper in Shelby Township can help you learn more about refinancing and choose the right refinance option for your situation.

Buying or Selling a Home in Shelby Township with Mr. Cooper

Are you ready to buy a house in Shelby Township, MI? Then you'll probably want to get prequalified for a home loan — along with some professional guidance for how to buy a house in Shelby Township. Despite Michigan's ever-changing real estate market, Mr. Cooper mortgage professionals are always equipped with the latest insights. Mr. Cooper mortgage professionals will help simplify your home-buying experience in a few ways: First off, we can help you calculate how much house you can afford to buy. Then, we can walk you through getting prequalified to buy a home in Shelby Township and recommend you to our affiliate to locate a good real estate agent near you.* Last but not least, Mr. Cooper can help you secure a home loan that meets your financial needs and advances your dream of being a homeowner. From open house to closing day, Mr. Cooper is your ally.

Preparing to sell a home in Shelby Township, MI? Turn to Mr. Cooper for help. We're aware of the difficulties that come with selling a home in Shelby Township, especially when you're trying to do it for the first time. As a seller, you'll get comprehensive marketing and sales service at an exceptional value. And as a buyer, you could be eligible for a special credit at closing and gain access to thousands of listings.** Ask about our Shelby Township Mr. Cooper Real Estate Rewards program to learn more.

Mr. Cooper is here to keep the dream of home ownership alive for every customer — including you. Contact us to learn more about applying for a home loan, refinancing an existing loan, or buying or selling a home in Shelby Township. We are here for you.

Shelby Township, MI Mr. Cooper Customer Reviews

Take it from these Mr. Cooper customers in Shelby Township, MI. We love helping homeowners. Call now to see how we can serve you.

What’s Your Goal?

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

Work with Mr. Cooper for no online transaction fees, friendly U.S.-based customer service, and a cutting-edge mobile app with more tools and info than you can imagine.