Meet Mr. Cooper in St. Paul, MN
We're a home loan company in Minnesota that values people over paperwork. As our company has changed and advanced over the years, so has our name. In August 2017, we re-branded as Mr. Cooper. You may have previously known us as Nationstar Mortgage in Minnesota. It was more than a simple name change. We adjusted our business for the better. How? First off, we ended all online transaction fees. We also reinvigorated the customer experience and added more services so you get great support whether you're shopping, buying, or just enjoying the home you have. Then and now, you are our top priority.
Prequalify for a Mortgage in St. Paul, MN with Mr. Cooper
Let's make your home ownership dreams a reality. As one of the nation's largest home loan servicers, Mr. Cooper is equipped to guide you through the home ownership process. Mr. Cooper in St. Paul can be your home loan ally, whether you're looking for a conventional home loan, a Federal Housing Administration loan (FHA), or a VA loan. There’s a lot you can do with Mr. Cooper in St. Paul — including learning more about finances in general and learning about your credit score.
We know that getting a mortgage can be complicated, particularly when you're a first-time home buyer in St. Paul, 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 mortgage option for St. Paul home buyers. The federal government does not insure these loans. The government backs other home loan types, while private lenders like Mr. Cooper back conventional loans. 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 St. Paul home buyers. It's called FHA. FHA loans are also called Federal Housing Administration loans. They're backed by the U.S. 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 St. Paul today.
Only service members, veterans, and their spouses can receive a VA home loan. If you're trying to buy a house in St. Paul and you're a veteran, surviving spouse, or an active-duty service member, you could qualify for a VA loan. At Mr. Cooper, it's our privilege to serve veterans and help them 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 St. Paul. Get Started
Mr. Cooper Refinancing in St. Paul, MN
In addition to new home loans, Mr. Cooper also offers mortgage refinancing in St. Paul. 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 could come with a shorter loan term, a more favorable interest rate, or both. Generally speaking, the purpose of refinancing is to secure a lower interest rate and reduce your monthly payment (so you can spend more time and money making your St. Paul home just the way you want it!).
There are a few different ways you can refinance your home loan. There's refinancing to get a more favorable interest rate or loan term. There's also cash-out refinancing, which allows homeowners who want to leverage equity they have built in their home as cash to pay for 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 credit card debt, medical bills, or auto loans.^ The right refinance option is a phone call away. Contact Mr. Cooper in St. Paul to learn more about refinancing today.
Buying a House in St. Paul with Mr. Cooper
Are you ready to buy a house in St. Paul, 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 St. Paul. Minnesota's real estate market ebbs and flows. Despite the constant change, Mr. Cooper mortgage professionals always have the most up-to-date 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. Then, we can walk you through getting prequalified to buy a home in St. Paul. Last but not least, Mr. Cooper can help you secure a home loan that meets your financial needs and advances your dream of being a homeowner. Think of Mr. Cooper as your ally, from home search to closing on your loan.
Need Help? Contact Mr. Cooper Customer Service in St. Paul, MN
We're here to walk alongside you in your homeownership journey and remain dedicated 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 complete a transfer of ownership, check out refinancing options, ask a question, or become a successor in interest for a Mr. Cooper loan.
- † 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.