Contact Mr. Cooper in Fergus Falls, MN

Busy? Have us call you back. Call Me Back

More Information

Why Choose Mr. Cooper Mortgages in Fergus Falls, MN?

Let's make your home ownership dreams a reality. 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 Fergus Falls — including learning more about finances in general and learning about your credit score.

We know that getting a mortgage can be complicated, and even more so when you're a first-time home buyer in Fergus Falls, 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 choice for Fergus Falls home buyers and are actually one of the most common mortgage options. These are loans that are not insured by the federal government. Private lenders like Mr. Cooper back conventional loans, where the government backs other home loan types. 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 Fergus Falls home buyers. It's called FHA. FHA loans, or Federal Housing Administration loans, are backed by the 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 Fergus Falls with Mr. Cooper.

VA home loans aren't available to everyone. You must be an active duty service member, a veteran, or a surviving spouse of a veteran to apply. If you're trying to buy a home in Fergus Falls 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 privilege to serve veterans and help them realize their dreams of home ownership. Since this loan option is so unique, we invite you to call Mr. Cooper to learn more about qualifying for a VA loan in Fergus Falls. Get Started

Refinance Your Home Loan in Fergus Falls with Mr. Cooper

In addition to new home loans, Mr. Cooper also offers mortgage refinancing in Fergus Falls. 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 might come with a more favorable interest rate, a shorter loan term, or both. A majority of the time, the purpose of refinancing is to obtain a lower interest rate and reduce your monthly payment (so you can spend more money on making memories and building a life in your Fergus Falls home!).

There are a few different ways you can refinance your home loan. For one, you can refinance for a more favorable loan term or interest rate. Cash-out refinancing is another option.† It allows homeowners who want to leverage their home's equity as cash to invest in things like home improvements or college tuition.† 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 medical bills, car loans, or credit card debt.^ The right refinance option is a phone call away. Contact Mr. Cooper in Fergus Falls to learn more about refinancing today.

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

Buying a house in Fergus Falls, MN? Then you'll probably want to get prequalified for a home loan — along with some professional guidance for how to buy a house in Fergus Falls. Despite Minnesota'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 Fergus Falls and introduce you to our affiliate to find a dependable real estate agent.* Finally, 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.

Selling a house in Fergus Falls, MN? Mr. Cooper can help you there, too. We know the obstacles that come with selling a house in Fergus Falls, especially when you're trying to do it for the first time. 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 the Mr. Cooper Real Estate Rewards program in Fergus Falls to learn more.

Mr. Cooper is here to help you on your journey to home ownership. Contact us to learn more about home loans, refinancing, and buying or selling a home in Fergus Falls. We’ve got your back.

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.