Buying a House in Richfield, MN Is Easier with Mr. Cooper
Buying a home can be as exhilarating as it is stressful —
especially when you're a first-time home buyer in Richfield, MN.
Mr. Cooper is here to help you learn everything you need to know.
We'll make sure you're equipped with confidence and empowered with information about prequalification, financing options, and your home search.
Pulling from their years of experience and training in the home buying industry, our mortgage professionals will give you the right information, at the right time.
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 prepare you for becoming a homeowner by helping you calculate how much house you can comfortably afford in Richfield. We'll then walk you through getting prequalified, which could help you get ahead of the game. Getting prequalified for a mortgage is incredibly important when you're trying to buy a house in Richfield. It accomplishes two things. First, it indicates that a mortgage lender thinks you're a solid candidate for a home loan. Second, it provides you with the most accurate estimate of how much you can afford to spend on a house. Last but not least, we'll help you select and apply for a home loan, finalize your loan, and walk alongside you until closing day. With Mr. Cooper in your corner, you can make buying a home in Richfield easier.
More on Mr. Cooper Escrow Period
No matter whether you're a home seller or buyer, you'll hear the phrase escrow period quite a bit throughout your homeownership journey. Escrow period 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 finalized. The escrow process can be used for all kinds of business dealings, but we narrow in on how it is used in real estate. If you're the home buyer, you typically put a percentage of the property price in the escrow account. If you're the home seller, you agree to remove the home from the market during the escrow period so it can be inspected.
Once you become a homeowner, escrow carries a different meaning. Your escrow account is like a piggy bank that holds money for your mortgage company to pay your property taxes and insurance premiums. The account helps alleviate the stress of having to save for and keep track of those expenses. Reach out to one of our customer service agents today to talk about your former Nationstar escrow account or current Mr. Cooper escrow account. We're here to support you, whether you're buying or just settling in. We can show you a better way.
Mr. Cooper Offers More Than Home Loans in Richfield
Around Richfield, Mr. Cooper is a friendly home buying ally to have on your side. We'll give you the information, service, and support you want to make confident moves toward your best financial future. We can even provide education around credit scores and walk you through the process of boosting your credit to expand financing options that might be available to you. Building credit can be as straightforward as paying bills before they're due, monitoring and resolving credit errors, and reducing your overall debt. Plenty of credit mistakes are the result of people failing to act or not paying attention. We think you can be different. All you need is knowledge. You can take action, check your credit, work to improve it, and get prequalified for a home loan. With Mr. Cooper as your trusted resource, you can be ready to buy your home even sooner.