Learn About Home Loans in Meridian, MS
Mr. Cooper is here to walk alongside you in your homeownership journey in Meridian, MS. As the nation's third-largest home loan servicer and a top-20 home lender, we have decades of experience to help you evaluate your loan options and solidify your home buying plan.
Work with a Mr. Cooper mortgage professional and you can get a customized strategy for approaching your home loan journey — one that will help you walk confidently. We can help you determine everything from how much house you can afford to what today's mortgage rates are in Meridian. Our mortgage professionals will evaluate your unique financial and living situation and will come up with a recommended plan for the best mortgage options that fit your needs. Learn more about various home mortgages below and contact a Mr. Cooper mortgage professional in Meridian to get started. You can begin the pre-approval process as soon as today! Get Started
Are You Eligible for an FHA Loan in Meridian, MS?
A Federal Housing Administration (FHA) loan may be a good option for you if you’re looking for a loan with flexible credit requirements and a potentially lower down payment. Close to 1 in 5 of all home buyers rely on this government-issued loan type. The loan system is specifically geared toward homebuyers who can't afford the typical 20% down payment that's usually required by private lenders. The down payment can be as low as 3.5%, which is a great fit for many buyers who aren't eligible for a conventional loan.
Around Meridian, Mr. Cooper has seen FHA loans surge in popularity at the same time as student loan debt and rental prices — two circumstances that can make it tough to save enough money for a down payment. FHA loans can also be accessible to borrowers with less than perfect credit scores. Whatever your situation, Mr. Cooper can help you weigh the pros and cons of FHA loans and determine the best financing route for you.
Could You Get a VA Loan in Meridian?
This nation's service men and women, veterans, and their spouses deserve nothing but the best. If you think you may be eligible for a VA loan, Mr. Cooper can share their knowledge to help you get approved for a VA home loan in Meridian. Contact Mr. Cooper if you're starting the home buying process in Meridian and you could be eligible for a VA loan. This type of financing has many benefits and can make the home buying process simpler. VA loans offer lower rates when compared to the overall mortgage landscape. You may not be required to put down a down payment, either. Confirming your VA eligibility for a VA loan in Meridian is fast and simple with a Mr. Cooper professional walking you through the application process.
When to Consider Mr. Cooper Jumbo Loans in Meridian
Jumbo loans are a special financing option for some homebuyers in Meridian. A jumbo loan, or a jumbo mortgage, exceeds the limits of a conventional loan. Jumbo loans are often in the millions and are designed to help people buy or refinance higher-valued real estate. If you'd like to use a jumbo loan to buy a home in Meridian, you will most likely require a larger loan amount that surpasses conventional loan limits. Call Mr. Cooper to learn more about jumbo loan eligibility in Meridian.
Buy a Home in Meridian with Help from Mr. Cooper
The mortgage professionals at Mr. Cooper are ready to walk alongside you as you buy a home in Meridian. But we know that means different things to different people. Some people just want to check mortgage rates in Meridian. Others want to learn how to get preapproved for a mortgage loan in Meridian. While others are ready to apply for a home loan and close as soon as possible! Whatever your unique needs and goals are, Mr. Cooper's home buyer program in Meridian is here to make them a reality. Talk to a mortgage professional today.
- This is not a commitment to lend. All loans are subject to credit and property approval. This offer is nontransferable and may not be combined with any other mortgage offer. Advertised offer is subject to change. If a personal code is present on the advertised offer, you must provide such code to claim the offer. We may gather information about you including, but not limited to, credit bureau information, information for verification of income, information for appraisal and verification of property being used for collateral. We also verify your identity. Income, assets, and debt must meet eligibility requirements as established by Government and/or Lender guidelines.