Contact Mr. Cooper in Watertown, MN

Busy? Have us call you back. Call Me Back

More Information

Mr. Cooper Mortgages in Watertown, MN

Looking to become a homeowner? It's the perfect time to do so. As the nation's third-largest home loan servicer, Mr. Cooper is ready to support you throughout your journey to home ownership. Mr. Cooper in Watertown 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. You can do so much with Mr. Cooper in Watertown — including learn more about mortgage rates, credit scores, and budgeting.

We know getting a mortgage can feel overwhelming, and even more so when you're a first-time home buyer in Watertown, 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 one of the most common and popular mortgage options for home buyers in Watertown. These are loans that are not insured by the federal government. Instead, conventional loans are backed by private lenders like Mr. Cooper. A couple of key benefits of a conventional loan may include favorable interest terms and various term lengths.

Depending on your situation, you may want to consider another type of home loan that's available to many Watertown home buyers. It's called FHA. FHA stands for Federal Housing Administration. Accordingly, FHA loans are backed by the government. FHA loans are known for having more flexible credit qualifications and lesser down payments than conventional loans. Learn more about FHA loan requirements in Watertown with Mr. Cooper.

VA home loans aren't available to everyone. You must be an active duty service member, a veteran, or a surviving spouse of a veteran to apply. If you're trying to buy a home in Watertown as a veteran, active-duty service member, or surviving spouse, you could be eligible 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 Watertown. Get Started

Mr. Cooper Refinancing in Watertown

In addition to new home loans, Mr. Cooper also offers mortgage refinancing in Watertown. Refinancing your home loan means that you pay off your current home loan and replace it with a new one that can better meet your financial needs. The new loan might come with a more favorable interest rate, a shorter loan term, or both. A majority of the time, the purpose of refinancing is to get a lower interest rate and reduce your monthly payment (so you can invest more money in making memories in your Watertown house!).

Like new home loans, there are a couple of different ways to refinance. For one, you can refinance for a more favorable loan term or interest rate. 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 improvements or college tuition.† Cash-out refinancing can also be a way to consolidate debt, since you can tap into your home's equity and use the cash to pay down credit card debt, medical bills, or auto loans.^ Mr. Cooper in Watertown can help you learn more about refinancing and choose the right refinance option for your situation.

Buying or Selling a Home in Watertown with Mr. Cooper

Buying a house in Watertown, 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 Watertown. 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 off, we can help you calculate how much house you can afford to buy. Then, we can help you get prequalified to buy a home in Watertown and introduce you to our affiliate to find a dependable real estate agent.* Last but not least, Mr. Cooper can help you secure a home loan that aligns with your financial situation and advances your dream of being a homeowner. Think of Mr. Cooper as your ally, from home search to closing on your loan.

Are you researching how to sell a house in Watertown, MN? Turn to Mr. Cooper for help. We're aware of the challenges that come with selling a home in Watertown, particularly if it's your first time doing it. As a seller, you'll get comprehensive marketing and sales service at an exceptional value. And as a buyer, you'll gain access to thousands of new listings and could be eligible for a special credit at closing.** Ask about our Watertown Mr. Cooper Real Estate Rewards program to learn more.

Mr. Cooper is here to be your advocate on your homeowner journey. Contact us to learn more about home loans, refinancing, and buying or selling a home in Watertown. We are here for you.

What’s Your Goal?

We see home loans differently. We see them through your eyes.

Welcome to the world of Mr. Cooper, a place with no online transaction fees, quality U.S.-based customer service, and a cutting-edge mobile app that gives you more of what you want.