Buying a House in Auburn, NY Is Easier with Mr. Cooper
Buying a home can be as exhilarating as it is stressful — and even more so when you're a first-time home buyer in Auburn, NY. There are plenty of things to learn, and Mr. Cooper is here to help cover your bases. We'll make sure you're equipped with confidence and empowered with information about prequalification, financing options, and your home search. Pulling from their years of experience and training in the home buying industry, our mortgage professionals will give you the right information, at the right time. You'll learn what to ask and when, such as, "how long has this house been for sale?" and, "how many offers has the seller received so far?" Contact Mr. Cooper today to learn more.
We'll start by helping you estimate how much house you can afford to buy in Auburn. That's a good first step toward home ownership. We'll then walk you through prequalifying for a mortgage, something that could help you stay ahead of the game. Mortgage prequalification is one of the most important things you can do when buying a house in Auburn. It shows sellers that you're serious and that a mortgage lender believes you're a reliable candidate for a home loan. It will also provide you with a quality estimate of how much you can afford to spend on a new home. Finally, we'll help you select and apply for a home loan, finalize your loan, and walk alongside you until closing day. Buying a home in Auburn could be even easier when you have Mr. Cooper in your corner.
What If You Are in Escrow with Mr. Cooper?
No matter whether you're a home seller or buyer, you'll hear the phrase escrow period quite a bit throughout your homeownership journey. During an escrow period, a third party holds money (or something else of value) in an account until a deal between a buyer and seller is complete. Escrow accounts are used for many types of transactions, but we narrow in on how it applies to real estate. As a home buyer, you usually agree to put a percentage of the property price into escrow. If you're the one selling, you agree to take the home off the market while it's "in escrow" so it can be inspected.
Escrow carries a different meaning once you're in your home and enjoying it day in and day out. Your mortgage servicer pulls money from your escrow account to pay your property taxes and insurance premiums. The account helps take away the anxiety of saving for and keeping up with those expenses. Connect with a customer service agent today to chat about your former Nationstar escrow account or current Mr. Cooper escrow account. We're your partner in the homeownership journey, whether you're buying or just settling in. We can show you a better way.
Mr. Cooper's Services Go Beyond Just Home Financing in Auburn
In Auburn, Mr. Cooper is the ally you want to help you along the way when buying a home. We'll give you the support, service, and information you need to make the best financial decisions to achieve your future goals. We can even provide education around credit scores and walk you through the process of boosting your credit to expand financing options that might be available to you. Building credit can be as easy as reducing your total debt, monitoring and resolving credit errors, and paying bills before they're due. Many credit mistakes occur when people aren’t paying attention or taking action. We think you can be different. All you need is knowledge. Act today! Check your credit, take steps to make it better, and get prequalified for a mortgage. You can be ready to buy your home even sooner when you have Mr. Cooper as a resource.