How Can Mr. Cooper Help You Buy a House in New Hope, MN?
Buying a home can be one of the most satisfying yet challenging things you do in life —
especially when you're a first-time home buyer in New Hope, MN.
There is so much to learn, and Mr. Cooper is here to explain it all in simple, easy to follow terms.
We'll work to empower you with information, so you feel confident about prequalification, financing, and finding the right home.
Our mortgage professionals have years of experience buying homes, and they know how to customize information to fit your situation.
You'll learn what to ask and when, such as,
"how many offers has the seller received so far?" and, "how long has this house been for sale?"
Give Mr. Cooper a call to get started.
We'll start by helping you estimate how much house you can afford to buy in New Hope. That's a good first step toward home ownership. We'll then walk you through getting prequalified, which could help you get ahead of the game. Mortgage prequalification is one of the most important things you can do when buying a house in New Hope. It shows sellers that you're serious and that a mortgage lender believes you're a reliable candidate for a home loan. It will also provide you with a quality estimate of how much you can afford to spend on a new home. Mr. Cooper can even introduce you to vetted real estate agents near you.* Lastly, we'll help you pick and apply for the right home loan, secure your loan, and support you through the process. Buying a home in New Hope could be even easier when you have Mr. Cooper in your corner.
What to Know If You’re in Escrow with Mr. Cooper
What's escrow? It's a word you'll come across throughout your homeownership journey, whether you're on the buying or selling side of things. Escrow is when a third-party holds on to something of value, typically money, in a certain account until a transaction between a seller and buyer is finished. An escrow account can be used for all types of business dealings, but we narrow in on how it applies to real estate. If you're the one buying the home, you usually agree to put a percentage of the property price into escrow. If you're the one selling, you take the home off the market during escrow so the property can be inspected.
Once you become a homeowner, escrow carries a different meaning. Your escrow account holds money that your mortgage servicer sets aside to pay your insurance premiums and property taxes. The account helps alleviate the stress of having to save for and keep track of those expenses. Reach out to one of our dedicated mortgage professionals to learn about your Mr. Cooper escrow account or former Nationstar escrow account. We are here to walk with you, whether you're buying, selling, or just settling in. Let's get you home.
Mr. Cooper Can Help You Sell Your House in New Hope, MN
Selling a home in New Hope, MN can be equally as rewarding as it is stressful, but for different reasons. Sellers face unique challenges. Mr. Cooper understands those challenges inside and out and can help you enjoy a smoother home selling experience.
For example, there's the challenge of finding the perfect new home while trying to sell the one you're in now. There are only so many homes to choose from around New Hope, and inventory is always changing. You might feel like you can't afford to wait for the perfect home to come on the market. Mr. Cooper understands how troubling this can be and can present some options to take some of the stress out of selling your home. Other obstacles are harder to grasp, like any unrealized expectations you might have about your home's final sale price, or the emotional connection your kids have with the home. Not to mention, you still have to pack up every room!
At Mr. Cooper, our team members can connect you to the expert resources via our affiliate that you need to overcome difficulties AND lower the amount of money you spend on closing costs and real estate commissions.* Ask about the Mr. Cooper Real Estate Rewards program in New Hope to learn more!
Mr. Cooper Offers More Than Home Loans in New Hope
In New Hope, Mr. Cooper is the ally you want to help you along the way when buying or selling a home. We'll give you the information, service, and support you need to make the right financial decisions to accomplish your goals. We can even offer guidance around credit score health and support you as you improve your credit to qualify for more competitive financing options. Improving credit can be as easy as reducing your total debt, monitoring and resolving credit errors, and paying bills before they're due. Many credit mistakes occur when people aren’t paying attention or taking action. You can be different. All it takes is a little knowledge. You can choose to act. Check your credit score, work hard to improve it, and pat yourself on the back when you prequalify for a home loan. With Mr. Cooper as your go-to advisor, you can be prepared to sell or buy a house even sooner.
- * Buyer’s Bonus Credit (Xome Purchase Pro) Disclosure: Buyers may be eligible to receive a Buyer’s Bonus Credit/Xome Purchase Pro (“Credit”) equal to 15% of the buyer’s agent’s fee. The amount of the credit is based on commissions and determined by each agent. Credit will be documented in an agreement between agent and customer at the time of engagement. Credit must be disclosed to lender, seller, broker, appraiser, and other parties with an interest. Credit subject to written lender approval. Credit will be reflected in Purchase Agreement, Closing Disclosure, and other documents. Consult a tax professional regarding tax implications of Credit. Consult local broker for any state law requirements. Conditions: (a) Customer must complete purchase transaction using a Mr. Cooper Real Estate Rewards Agent; (b) Credit is subject to sales commission; (c) Credit is not available for properties marketed/listed through any auction process, including, www.xome.com; (d) Credit offer may be modified at any time via the Terms of Use but modifications will not apply to any transactions under contract; (e) Credit will be provided at the time of closing.
- Buyer’s Bonus Credit is not available in AK, IA, KS, LA, MS, MO, OK, OR & TN.
- ** Listing Commission Disclosure: Mr. Cooper Real Estate Rewards agents have agreed to 1.99% seller’s agent commission and recommend 2% buyer’s agent commission for a total listing commission of 3.99%. Buyer’s agent commission can be changed at seller’s discretion.
- Mr. Cooper Real Estate Rewards is offered by Xome. Inc., an affiliate of Mr. Cooper. Referrals to Xome may provide a financial benefit to Mr. Cooper. You are not required to use a real estate agent on the Xome panel as a condition of receiving a loan from Mr. Cooper, and such use will have no impact on any loan application to Mr. Cooper.
- This is an advertisement and not intended as a solicitation for agent representation if your property is currently listed with an agent. Visit Xome's licensing page https://www.xome.com/auctions/licensing.
- Xome Inc. & Xome CT LLC [Davis E. Owen, Sr.‐Broker] (for CT properties] & Xome PR LLC (for PR properties), 750 Hwy 121 BYP, Suite 100, Lewisville, TX 75067.
- Mr. Cooper Real Estate Rewards is a service mark of Nationstar Mortgage LLC.
- This is not a commitment to lend. All loans are subject to credit and property approval. This offer is nontransferable and may not be combined with any other mortgage offer. Advertised offer is subject to change. If a personal code is present on the advertised offer, you must provide such code to claim the offer. We may gather information about you including, but not limited to, credit bureau information, information for verification of income, information for appraisal and verification of property being used for collateral. We also verify your identity. Income, assets, and debt must meet eligibility requirements as established by Government and/or Lender guidelines.