Mr. Cooper Serves Waterford, MI

Busy? Have us call you back. Call Me Back

More Information

Mr. Cooper Mortgages in Waterford, 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 equipped to guide you through the home ownership process. Mr. Cooper in Waterford 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 Waterford can help you do so much — even learn more about your credit score and finances in general.

We know getting a mortgage can feel overwhelming, especially if you're a first-time home buyer in Waterford, MI. Mr. Cooper can explain how everything applies to your situation. Just give us a call. Here's what you need to know in the meantime.

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

As a Waterford home buyer, you might be eligible for FHA financing, another type of home loan. FHA loans are also called Federal Housing Administration loans. They're backed by the U.S. 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 Waterford today.

VA home loans are only available to service members, veterans, and their spouses. If you're getting ready to buy a home in Waterford and are an active-duty service member, a veteran, or a surviving spouse, you may be eligible 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 Waterford. Get Started

Refinance Your Home Loan in Waterford with Mr. Cooper

Besides new home loans, Mr. Cooper also provides mortgage refinancing in Waterford. Refinancing your home loan means that you pay off your current home loan and replace it with a new one that can better meet your financial needs. 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 cut down your monthly payment (so you can spend more time and money making your Waterford home just the way you want it!).

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. Another option is cash-out refinancing.† This option lets homeowners leverage the equity they've built in their house as cash to pay for things like home remodeling or higher education. Cash-out refinancing can also be a way to consolidate debt, since you can tap into your home's equity and use the cash to pay down credit card debt, medical bills, or auto loans.^ The right refinance option is a phone call away. Contact Mr. Cooper in Waterford to learn more about refinancing today.

Buy or Sell a House in Waterford with Mr. Cooper's Help

Buying a house in Waterford, 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 Waterford. Despite Michigan's ever-changing real estate market, Mr. Cooper mortgage professionals are always equipped with the latest insights. Your Mr. Cooper mortgage professional can help smooth out the home-buying process in a couple of ways: First, we’ll help you determine how much house you can realistically afford to purchase. Next, we can help you prequalify for a mortgage in Waterford and connect you with our affiliate to find a reliable real estate agent.* Finally, Mr. Cooper can help you get a home loan that satisfies your financial needs and furthers your journey toward home ownership. Think of Mr. Cooper as your ally, from home search to closing on your loan.

Selling a house in Waterford, MI? Mr. Cooper has your back there, too. We're aware of the obstacles that come with selling a house in Waterford, particularly if it's your first time doing it. As a seller, you'll receive extensive sales and marketing service at an exceptional value. And as a buyer, you'll gain access to thousands of new listings and could be eligible for a special credit at closing.** Ask about our Waterford Mr. Cooper Real Estate Rewards program to learn more.

Mr. Cooper is here to be your advocate on your homeowner journey. Contact us to learn more about applying for a home loan, refinancing an existing loan, or buying or selling a home in Waterford. We're your ally.

Mr. Cooper Reviews for Waterford, MI

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

What’s Your Goal?

We see home loans differently. We see them through your eyes.

Welcome to the world of Mr. Cooper, a place with no online transaction fees, quality U.S.-based customer service, and a cutting-edge mobile app that gives you more of what you want.