Learn About Home Loans in Clovis, NM
In Clovis, planning a home purchase is easier when you have Mr. Cooper on your side. As the nation's third-largest home loan servicer and a top-20 home lender, we have the background to help you navigate 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 understand how much house you can afford, what mortgage rates might be in Clovis, and also get pre-approved in Clovis. 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. Keep reading to learn more about different home mortgages and contact Mr. Cooper in Clovis to take the first step toward reaching your goal. You can begin the pre-qualification process today. Get Started
Do You Qualify for an FHA Loan in Clovis, NM?
If you're searching for a loan with a potentially lower down payment and flexible credit requirements, you might want to consider a Federal Housing Administration (FHA) loan. This government-insured loan type is behind nearly 1 in 5 of all homebuyers. The loan program largely caters to homebuyers who cannot afford the usual 20% down payment that many private lenders require. With a down payment that can be as low as 3.5%, an FHA loan can end up being a perfect match for buyers who aren't eligible for conventional loans.
In Clovis, Mr. Cooper has seen FHA loans increase in popularity alongside the rise of rental costs and student loan debt — two circumstances that can make it hard to save money for a large down payment. Another benefit to FHA loans is that they're often accessible to borrowers with lower 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.
Mr. Cooper Can Be Your Guide to Clovis VA Loans
There's no question about it. America's service members, veterans, and their spouses should receive the best. If you think you might be eligible for a VA loan, Mr. Cooper can lend our expertise in helping you get qualified for a VA home loan in Clovis. Reach out to Mr. Cooper if you’re ready to buy a home in Clovis and think that you might be eligible for a VA loan. This loan type can make the home buying process much easier in a couple of ways. VA loans offer lower rates when compared to the overall mortgage landscape. There's also a possibility that you won't have to put down a down payment. Checking your VA eligibility for a VA loan in Clovis is quick and easy with a Mr. Cooper professional guiding you through the application process.
When to Consider Mr. Cooper Jumbo Loans in Clovis
Jumbo loans are another option for some homebuyers in Clovis. A jumbo loan, or a jumbo mortgage, goes beyond the limits of a conventional loan. Jumbo loans are designed to help people refinance or buy higher-valued real estate and are often millions of dollars. If you’re interested in jumbo loans to buy a home in Clovis, you most likely need larger loan amounts that exceed conventional loan limits. Call Mr. Cooper to learn more about jumbo loan eligibility in Clovis.
Buy a Home in Clovis with Help from Mr. Cooper
Mr. Cooper's family of mortgage professionals is ready to help you buy a house in Clovis. But we know that doesn't mean the same thing to everyone. Some people are only interested in knowing today's mortgage rates in Clovis. Others want to learn how to get preapproved for a mortgage loan in Clovis. 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 Clovis is here to make them a reality. Contact 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.