Contact Mr. Cooper in Merrick, NY

Busy? Have us call you back. Call Me Back

More Information

Prequalify for a Mortgage in Merrick, NY with Mr. Cooper

Ready to make your home ownership dreams come true? Let's do it. As the nation's third-largest home loan servicer, Mr. Cooper is ready to support you throughout your journey to home ownership. Whether you want to learn more about conventional home loans, Federal Housing Administration loans (FHA), or VA loans, you can turn to Mr. Cooper. Mr. Cooper in Merrick can help you do so much — even learn more about your credit score and finances in general.

We understand that getting a mortgage can seem puzzling, and even more so when you're a first-time home buyer in Merrick, NY. Call a Mr. Cooper mortgage professional for one-on-one guidance. In the meantime, here’s what you need to know.

Conventional loans are a popular choice for Merrick home buyers and are actually one of the most common mortgage options. These are loans that are not insured by the federal government. Instead, conventional loans are backed by private lenders like Mr. Cooper. A couple of key benefits of a conventional loan could include various term lengths and favorable interest rates.

FHA is another home loan type that may be available to you as a Merrick home buyer. FHA loans are also called Federal Housing Administration loans. They're backed by the U.S. government. An FHA loan can have more flexible credit requirements and typically allows for a lesser down payment than a conventional loan. Ask Mr. Cooper about FHA loan requirements in Merrick today.

VA home loans aren't available to everyone. You must be an active duty service member, a veteran, or a surviving spouse of a veteran to apply. If you're trying to buy a house in Merrick and you're an active-duty service member, a veteran, or a surviving spouse, you may be eligible for a VA loan. At Mr. Cooper, we support our country's veterans, active-duty service members, and their families. It's our privilege to help every one of them become homeowners. Due to the uniqueness of this home loan option, we encourage you to call a Mr. Cooper mortgage professional to learn more about VA loans in Merrick. Get Started

Refinance Your Home Loan in Merrick with Mr. Cooper

Mr. Cooper offers mortgage refinancing in Merrick in addition to new home loans. Refinancing your home loan means that you pay off your current home loan and replace it with a new one that can better meet your financial needs. The new loan might come with a more favorable interest rate, a shorter loan term, or both. Most of the time, the purpose of refinancing is to secure a lower interest rate and reduce your monthly payment (so you can spend more time and money making your Merrick home just the way you want it!).

Like new home loans, there are a couple of different ways to refinance. For one, you can refinance for a more favorable loan term or interest rate. There's also cash-out refinancing, which allows homeowners who want to leverage equity they have built in their home as cash to pay for home improvements or college tuition.† This type of refinancing also allows for debt consolidation, since you can use equity from your home to tap into cash and pay down medical bills, car loans, or credit card debt.^ Mr. Cooper in Merrick can help you learn more about refinancing and choose the right refinance option for your situation.

Selling or Buying a House in Merrick with Mr. Cooper

Buying a house in Merrick, NY? Then you'll probably want to look into getting prequalified for a mortgage in Merrick and seek professional assistance for how to buy a home in Merrick. Despite New York's ever-changing real estate market, Mr. Cooper mortgage professionals are always equipped with the latest insights. How can a Mr. Cooper mortgage professional help streamline your home-buying journey? We can help in a few ways: First, we can help you estimate how much house you can afford. Then, we can help you get prequalified to buy a home in Merrick and connect you with our affiliate to find a reliable real estate agent.* Finally, Mr. Cooper can help you secure a home loan that meets your financial needs and advances your dream of being a homeowner. Think of Mr. Cooper as your ally, from home search to closing on your loan.

Preparing to sell a home in Merrick, NY? Mr. Cooper has your back there, too. We know the challenges that come with selling a home in Merrick, particularly if it's your first time doing it. As a seller, you'll get in-depth marketing and sales insight at a good value. And as a buyer, you'll have access to thousands of home listings and might qualify for a Buyer's Bonus Credit at closing.** Ask about the Mr. Cooper Real Estate Rewards program in Merrick to learn more.

Mr. Cooper is here to help you on your journey to home ownership. Contact us to learn more about applying for a home loan, refinancing an existing loan, or buying or selling a home in Merrick. We’ve got your back.

What’s Your Goal?

We're here to support you on the path to home ownership.

Get the facts about refinancing, buying or selling a home, consolidating debt, and more. Mr. Cooper is here for you.