Special Offers From Mr. Cooper

Sorry, there are no offers available at this time. Check back soon!

What to Know Before Buying a Home in Missoula, MT

Busy? Have us call you back. Call Me Back

More Information

Get Familiar with the Lay of the Land in Missoula, MT

Ready to lay down some roots and buy a house in Missoula? Awesome! You've chosen a lively city with a dynamic selection of educational opportunities, businesses, and parks, and we're here to help the home purchase process go a little smoother. We support 3.8 million customers across the country and know the Missoula housing market well.

Given all of Montana's growth, Missoula homes aren't always easy to find at a comfortable price. Sustained cultural expansion and economic growth have helped to beckon young families, new businesses, and retirees to the Missoula area, but so much change also means a strain on housing options, school capacities, and city roads. Even so, Missoula and its nearby areas still offer a variety of home styles and prices. You can find single-family homes, condos, townhomes, and (fingers-crossed) your perfect home! When buying a house in Missoula, consider how near or far away the home is from the places you visit most. If you can, test drive your trip from the house to work, school, and the grocery store. Your home's location will influence almost every aspect of your life. Discovering different parts of Missoula will help you see how the northern part differs from the southern part, what the communities are like, and where to find Missoula's coolest attractions.

You're ready to buy a house in Missoula, but is your bank account? Contact a Mr. Cooper Mortgage Professional if you're unsure of your answer. We believe everyone can find their dream home 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 Montana or somewhere else entirely. We support experienced homeowners and first-time homeowners alike. Start with the following steps to help you determine if you're financially ready to buy a home in Missoula.

Before anything else, calculate how much house you can afford. This will help you narrow your search when house hunting in Missoula. Then, add up the potential monthly payments (including home repairs, insurance, homeowners association fees, property taxes, etc.). You don't need an exact amount for these expenses. Searching the web for Missoula averages will usually give you a solid estimate, though everyone's situation is different. Keep in mind that a mortgage payment could make up the majority of most homeowners’ monthly household expenses.

Then, figure out what a realistic down payment would be for you. Placing a minimum of 20% down can increase your chances of getting a favorable rate and will allow you to avoid private mortgage insurance (PMI). Even so, the minimum down payment requirements depend on the type of loan. Here's where it can help to get prequalified for a mortgage. Getting prequalified helps you know how much you might be eligible to borrow from a lender. Also, take a good look at your credit. Lenders place a high importance on credit history when looking at your mortgage application. The better your credit is, the more mortgage options you may be presented with— and more options are always good!

Make Your Move: Buy a Home in Missoula, MT

Moving remains one of the biggest stressors, despite being a practically universal experience. But moving can also be incredibly rewarding, especially when you get to live in an amazing city like Missoula. Contact Mr. Cooper as you get ready to buy a house in Missoula. We're here for you from start to finish 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.*

Mr. Cooper Reviews from Real Customers in Missoula, MT

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

Buying or selling a house in Missoula? Mr. Cooper makes it easier.

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