Get Pre-Approved for a Mortgage in New York, NY

Learn About Home Loans in New York, NY

Mr. Cooper is here to walk alongside you in your homeownership journey in New York, NY. As a top-20 home lender and one of the largest home loan servicers in the country, we have the training and expertise 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 understand what today's mortgage rates are in New York, how much house you can buy, and also get pre-approved for a mortgage in New York. 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 New York to take the first step toward reaching your goal. You could get pre-approved for a mortgage in no time. Get Started

Do You Qualify for an FHA Loan in New York, NY?

If you’re looking for a loan with flexible credit requirements and a potentially lower down payment, a Federal Housing Administration (FHA) loan may be a good option for you. 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. The down payment can be as low as 3.5% and may be a perfect fit for buyers who can’t get a conventional loan.

In the New York area, Mr. Cooper has watched FHA loans rise in popularity alongside increases in student loan debt and rental costs — two things 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 determine if an FHA loan is right for you. And if it's not, we'll help you find a different financing route.

Mr. Cooper Can Be Your Guide to New York 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 New York. Contact Mr. Cooper if you're starting the home buying process in New York and you could 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. You may not be required to put down a down payment, either. With a Mr. Cooper professional guiding you through the application process, checking your VA eligibility for a VA loan in New York is quick and easy.

Mr. Cooper Also Offers Jumbo Loans in New York

Jumbo loans are another option for some homebuyers in New York. A jumbo loan, or a jumbo mortgage, exceeds 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'd like to use a jumbo loan to buy a home in New York, you will most likely require a larger loan amount that surpasses conventional loan limits. Contact Mr. Cooper for more information on jumbo loan eligibility in New York.

Buy a House in New York with Help from Mr. Cooper

Mr. Cooper's family of mortgage professionals is ready to help you buy a house in New York. However, we know that looks different for everyone. Some people just want to check mortgage rates in New York. Others want to get preapproved for a mortgage in New York. While others are ready to speed through the loan application process and close on a home tomorrow! Whatever your unique needs and goals are, Mr. Cooper's home buyer program in New York is here to make them a reality. Talk to a mortgage professional today.

When You Already Have a Mr. Cooper Mortgage in New York

Current homeowners are very different from someone who is trying to sell their house or buy a new one. Visit the Help Center when you have questions or need help servicing your loan. You'll find information about making mortgage payments, viewing statements, and paying property taxes. Since we mentioned it...let's talk about taxes for a minute. Ever met someone who enjoyed shelling out money for property taxes? We doubt it! That's where your escrow account comes into play if you have one. Learn more about escrow in the Help Center. To put it simply, as a Mr. Cooper mortgage customer in New York, you put money into your escrow account each month. Putting money in escrow is a little like putting money in a piggy bank. We then use the money in your escrow account to pay your insurance bills and property taxes. Call or email us today if you have questions about your property taxes or property tax statements. Mr. Cooper customer service agents are here to help you.

Mr. Cooper Mortgage Deferrals in New York: Is That an Option for Me?

Being a homeowner might've started off smoothly for you, but things changed. But due to an unexpected bill, life change, or illness, you've found yourself behind on your mortgage payments. It happens, and Mr. Cooper can partner with you to find the mortgage assistance that's best for you. You may already have heard about one option: mortgage deferral. A mortgage deferment is the temporary suspension of mortgage payments. When you're trying to get over one of life's many speed bumps, a deferral can be a helpful short-term solution. With that said, mortgage deferral isn't your only option for making your payments more manageable. Contact Mr. Cooper as soon as you think you may have a problem paying your mortgage on time, even if you think you need a "Nationstar deferral." The sooner we hear from you, the sooner we can help lessen your financial stress. We've found solutions for plenty of homeowners looking for help with Mr. Cooper or Nationstar deferrals in New York.