Have You Met Mr. Cooper in Andover, MN?
We're a Minnesota home loan company that puts people first, not piles of paperwork.
As our business has evolved over the years, our company name has, too.
We adopted the name "Mr. Cooper" in August 2017.
You may have previously known us as Nationstar Mortgage in Minnesota.
The switch signified more than a company name change.
We overhauled our business to serve you better.
First,
we eliminated all online transaction fees.
We even revamped the customer experience
and added special services to help you out whether you're
looking to buy, shop, or simply enjoy your current home.
Then and now, you are our top priority.
Why Choose Mr. Cooper Mortgages in Andover, MN?
Looking to become a homeowner? It's the perfect time to do so. As one of the nation's largest home loan servicers, Mr. Cooper is ready to assist you in your journey to becoming a homeowner. Whether you want to learn more about conventional home loans, Federal Housing Administration loans (FHA), or VA loans, you can turn to Mr. Cooper. You can do so much with Mr. Cooper in Andover — including learn more about mortgage rates, credit scores, and budgeting.
We understand that getting a mortgage can seem puzzling, and even more so when you're a first-time home buyer in Andover, MN. Give us a call to see how it applies to you. Until then, here's what you need to know to get started.
Conventional loans are a popular mortgage option for Andover home buyers. These loans are not federally insured. Private lenders like Mr. Cooper back conventional loans, where the government backs other home loan types. Some advantages of a conventional loan could include numerous term lengths and agreeable interest rates.
FHA is another home loan type that may be available to you as a Andover home buyer. 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. Learn more about FHA loan requirements in Andover with Mr. Cooper.
VA home loans are only available to service members, veterans, and their spouses. If you're trying to buy a home in Andover as an active-duty service member, a veteran, or a surviving spouse, you may be eligible for a VA loan. At Mr. Cooper, it's our honor to help our nation's veterans, active-duty service members, and their families realize their dreams of home ownership. 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 Andover. Get Started
Mr. Cooper Refinancing in Andover, MN
Besides new home loans, Mr. Cooper also provides mortgage refinancing in Andover. 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 might come with a more favorable interest rate, a shorter loan term, or both. Most of the time, the objective of refinancing is to get a lower interest rate and decrease your monthly payment (so you can invest more money in making memories in your Andover house!).
Like new home loans, there are a couple of different ways to refinance. One option is to refinance to get a better interest 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. 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 car loans, credit card debt, or medical bills.^ The right refinance option is a phone call away. Contact Mr. Cooper in Andover to learn more about refinancing today.
Buy a House in Andover with Mr. Cooper's Help
Getting ready to buy a home in Andover, MN? Then you may want to start by seeking professional guidance for how to buy a house in Andover and get prequalified for a mortgage in Andover. Minnesota's real estate market ebbs and flows. Despite the constant change, Mr. Cooper mortgage professionals always have the most up-to-date insights. How can a Mr. Cooper mortgage professional help streamline your home-buying journey? We can help in a few ways: First, we can help you estimate how much house you can afford. Then, we can help you get prequalified to buy a home in Andover. Lastly, Mr. Cooper can help you get a home loan that satisfies your financial needs and accelerates your home ownership journey. From open house to closing day, Mr. Cooper is your ally.
Contact Mr. Cooper Customer Service for Help in Andover, MN
We're here to walk alongside you in your homeownership journey and remain dedicated to serving you. So feel free to reach out to Mr. Cooper customer service in whatever way is most convenient for you. Sign in to our secure online message portal, email, call, drop a note in one of our social media channels, or put a letter in the mail. Getting in contact with Mr. Cooper can be easy, whether you need to notify us that you've been awarded property through a divorce, become a successor in interest for a Mr. Cooper loan, make a payment, or ask a quick question.
- † 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.
