What to Know Before Buying a Home in Columbus, MS

Busy? Have us call you back. Call Me Back

More Information

Exploring Columbus, MS From North to South

Ready to lay down some roots and buy a house in Columbus? Congratulations! You picked an energetic city with a dynamic selection of parks, businesses, and educational opportunities, and we're here to help the home purchase process go a little smoother. We service 3.8 million customers nationwide and are familiar with the ins-and-outs of the Columbus housing market.

Columbus is growing by the day, which means Columbus homes don't always come cheap. Continued support for local businesses and cultural growth have helped to attract retirees, new businesses, and young families to the Columbus area, but so much change also means more traffic, more competition, and a need for more schools. Even so, Columbus and its nearby areas still offer an array of home styles and prices. You can find duplexes, single-family homes, townhomes, condos, and (hopefully) your dream house! When buying a house in Columbus, consider how near or far away the home is from the places you visit most. If you can, drive the route you'd take from the house to your school, office, and favorite hangout spot. Your home's location will influence almost every aspect of your life. Discovering different parts of Columbus will help you see how the northern part differs from the southern part, where to find Columbus's most popular attractions, and what the neighborhoods are like.

Are your finances in the right place to buy a home in Columbus? Reach out to a Mr. Cooper Mortgage Professional if you don't know how to go about answering that question. We think the dream of homeownership should never fade and work to make the journey less worrisome and more rewarding every step of the way. It doesn't matter whether you want to buy a home in Mississippi or somewhere else entirely. We serve experienced homeowners and first-time homeowners alike. Walk through the following steps to help you figure out if your finances are in the right place to buy a house in Columbus.

Before anything else, estimate how much house you can afford. This will help you narrow your search when house hunting in Columbus. Then, map out your potential monthly payments (including home repairs, insurance, homeowners association fees, property taxes, etc.). You don't need an exact amount for these expenses. While everyone's situation is different, an online search for Columbus averages will usually give you some solid estimates. Remember that the bulk of your monthly homeowner expenses could be your monthly mortgage payment.

Next, figure out what a realistic down payment would be for you. Putting at least 20% down will increase your odds of getting a good rate and will allow you to avoid private mortgage insurance (PMI). That said, the minimum down payment requirements depend on the type of loan. At this stage, getting prequalified for a loan can be extremely helpful. Getting prequalified will give you an idea of how much you might qualify to borrow. Also, check your credit. Credit history is one of the main factors that lenders look at when considering your mortgage application. The healthier your credit is, the more mortgage options you may have open to you— and options are always a good thing!

It's Go Time! Buy a House in Columbus, MS

While moving is a universal experience, it remains one of the top stressors that a person can experience in life. But moving can also be incredibly rewarding, especially when you get to live in an amazing city like Columbus. Contact Mr. Cooper as you prepare to buy a house in Columbus. We're here for you every step of the way and Mr. Cooper® Real Estate Rewards can even put you in touch with a vetted real estate agent who can potentially help you save thousands of dollars.*

Columbus, MS Mr. Cooper Customer Reviews

Take it from these Mr. Cooper home buyers and sellers in Columbus, MS: We love helping homeowners. Call now to see how we can serve you.

Simplify the home buying or selling process in Columbus with Mr. Cooper.

Put Mr. Cooper in your corner for a better home buying or selling experience.