Have You Met Mr. Cooper in Moorhead, MN?
We're a home loan company in Minnesota that values people over paperwork. As our business has evolved over the years, our company name has, too. We adopted the name "Mr. Cooper" in August 2017. Before that, you may have known us as Nationstar Mortgage in Minnesota. This move went beyond a basic name change. We overhauled our business to serve you better. For one, we eliminated all online transaction fees. We also reinvigorated the customer experience and increased our services so you get quality support whether you are buying, shopping, or just living in your home. We are here to serve you, both then and now.
Prequalify for a Mortgage in Moorhead, MN with Mr. Cooper
Ready to make your home ownership dreams come true? Let's do it. As one of the nation's largest home loan servicers, Mr. Cooper is equipped to guide you through the home ownership process. 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 Moorhead — including learning more about finances in general and learning about your credit score.
We know that getting a mortgage can be complicated, especially if you're a first-time home buyer in Moorhead, MN. Call a Mr. Cooper mortgage professional for one-on-one guidance. In the meantime, here’s what you need to know.
Conventional loans are a popular mortgage option for Moorhead home buyers. These are loans that are not insured by the federal government. Instead, conventional loans are backed by private lenders like Mr. Cooper. Some benefits of a conventional loan could include various term lengths and favorable interest rates.
As a Moorhead home buyer, you might be eligible for FHA financing, another type of home loan. 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 Moorhead today.
VA home loans are only available to service members, veterans, and their spouses. If you're trying to buy a home in Moorhead as a veteran, surviving spouse, or an active-duty service member, you could qualify 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 Moorhead. Get Started
Refinance Your Home Loan in Moorhead with Mr. Cooper
In addition to new home loans, Mr. Cooper also offers mortgage refinancing in Moorhead. 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 could come with a shorter loan term, a more favorable interest rate, or both. A majority of the time, the objective of refinancing is to secure a lower interest rate and decrease your monthly payment (so you can spend more money on making memories and building a life in your Moorhead home!).
Similar to how there are different options for new home loans, there are also different options for refinancing. There's refinancing to get a more favorable interest rate or loan term. 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 remodeling or higher education. This type of refinancing also allows for debt consolidation, since you can use equity from your home to tap into cash and pay down medical bills, car loans, or credit card debt.^ Mr. Cooper in Moorhead can help you learn more about refinancing and choose the right refinance option for your situation.
Buy a House in Moorhead with Mr. Cooper's Help
Getting ready to buy a home in Moorhead, MN? Then you'll probably want to look into getting prequalified for a mortgage in Moorhead and seek professional assistance for how to buy a home in Moorhead. Minnesota's real estate market ebbs and flows. Despite the constant change, Mr. Cooper mortgage professionals always have the most up-to-date insights. Mr. Cooper mortgage professionals will help simplify your home-buying experience in a few ways: First, we’ll help you determine how much house you can realistically afford to purchase. Then, we can walk you through getting prequalified to buy a home in Moorhead. Lastly, Mr. Cooper can help you secure a home loan that meets 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.
Contact Mr. Cooper Customer Service for Help in Moorhead, MN
As your partner in the homeownership journey, we remain committed 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, or message us through a social media channel like Facebook. You can even send us a letter. Getting in contact with Mr. Cooper can be easy, whether you need to let us know you've received 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.