Meet Mr. Cooper in St. Cloud, MN
Mr. Cooper is the kind of Minnesota home loan company that prioritizes people, not stacks of 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, we went by the name Nationstar Mortgage in Minnesota. This move went beyond a basic name change. We changed the way we did business for the better. For one, we eliminated all online transaction fees. We also enhanced the customer journey 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 St. Cloud, MN?
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. Mr. Cooper in St. Cloud can help you do so much — even learn more about your credit score and finances in general.
We know that getting a mortgage can be complicated, and even more so when you're a first-time home buyer in St. Cloud, 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 choice for St. Cloud home buyers and are actually one of the most common mortgage options. The federal government does not insure these loans. Instead, conventional loans are backed by private lenders like Mr. Cooper. Some benefits of a conventional loan may include favorable interest terms and various term lengths.
As a St. Cloud home buyer, you might be eligible for FHA financing, another type of home loan. 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. Reach out to Mr. Cooper today to learn about FHA loan requirements in St. Cloud.
VA home loans are only available to service members, veterans, and their spouses. If you're trying to buy a house in St. Cloud and you're 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. Because this type of home loan is so unique, we encourage you to call Mr. Cooper for more information about VA loans in St. Cloud. Get Started
Mr. Cooper Mortgage Refinancing in St. Cloud, MN
Besides new home loans, Mr. Cooper also provides mortgage refinancing in St. Cloud. 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 may have a shorter loan term, a better interest rate, 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 St. Cloud house!).
Similar to how there are different options for new home loans, there are also different options for refinancing. For one, you can refinance for a more favorable loan term or interest rate. Another option is cash-out refinancing.† This option lets homeowners leverage the equity they've built in their house as cash to pay for things like college tuition or home improvements. Cash-out refinancing can also be a method for debt consolidation, since you can also use equity from your home to tap into cash and pay down credit card debt, medical bills, or auto loans.^ Whatever your situation, Mr. Cooper in St. Cloud can help you learn more about refinancing and choose the right refinance option.
Buying a Home in St. Cloud with Mr. Cooper
Buying a house in St. Cloud, MN? Then you may want to start by seeking professional guidance for how to buy a house in St. Cloud and get prequalified for a mortgage in St. Cloud. The real estate market in Minnesota is always changing, and Mr. Cooper mortgage professionals are equipped with the most up-to-date information. 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 walk you through getting prequalified to buy a home in St. Cloud. Last but not least, 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 St. Cloud, MN
We remain dedicated to serving you as your partner in the homeownership journey. So feel free to reach out to Mr. Cooper customer service in whatever way is most convenient for you. Send an email, call, sign in to our secure online messaging service, or message us through a social media channel like Facebook. You can even send us a letter. Connecting with Mr. Cooper is simple, whether you need to transfer ownership, 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.