Have You Met Mr. Cooper in Old Westbury, NY?
We're a home loan company in New York that values people over paperwork. As our company has changed and advanced over the years, so has our name. In August 2017, we re-branded as Mr. Cooper. Before that, you may have known us as Nationstar Mortgage in New York. It was more than a simple name change. We changed the way we did business for the better. How? First off, we eliminated all online transaction fees. We also reinvigorated the customer experience and added special services to help you out whether you're looking to buy, shop, or simply enjoy your current home. Then and now, you are our top priority.
Why Choose Mr. Cooper Mortgages in Old Westbury, NY?
Ready to make your home ownership dreams come true? Let's do it. As one of the nation's largest home loan servicers, Mr. Cooper is ready to support you throughout your journey to home ownership. Mr. Cooper in Old Westbury can be your home loan ally, whether you're looking for a conventional home loan, a Federal Housing Administration loan (FHA), or a VA loan. Mr. Cooper in Old Westbury can help you do so much — even learn more about your credit score and finances in general.
We know that getting a mortgage can be complicated, particularly when you're a first-time home buyer in Old Westbury, NY. Give us a call to see how it applies to you. Until then, here's what you need to know to get started.
Conventional loans are a popular choice for Old Westbury home buyers and are actually one of the most common mortgage options. The federal government does not insure these loans. Instead, conventional loans are backed by private lenders like Mr. Cooper. A couple of key benefits of a conventional loan may include various term lengths and favorable interest rates.
FHA is another home loan type that may be available to you as a Old Westbury home buyer. FHA loans, or Federal Housing Administration loans, are backed by the government. When compared to a conventional loan, an FHA loan generally has less restrictive credit requirements and often allows for a lesser down payment. Learn more about FHA loan requirements in Old Westbury with Mr. Cooper.
VA home loans are only available to service members, veterans, and their spouses. If you're trying to buy a house in Old Westbury and you're a veteran, active-duty service member, or surviving spouse, you could be eligible for a VA loan. At Mr. Cooper, it's our privilege to serve veterans and help them realize their dreams of home ownership. Because this type of home loan is so unique, we encourage you to call Mr. Cooper for more information about VA loans in Old Westbury. Get Started
Mr. Cooper Mortgage Refinancing in Old Westbury, NY
In addition to new home loans, Mr. Cooper also offers mortgage refinancing in Old Westbury. 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. Generally speaking, the purpose of refinancing is to get a lower interest rate and decrease your monthly payment (so you can spend more money on making memories and building a life in your Old Westbury home!).
Similar to how there are different options for new home loans, there are also different options for refinancing. 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.† Cash-out refinancing can also be a method for debt consolidation, since you can also use equity from your home to tap into cash and pay down credit card debt, medical bills, or auto loans.^ Mr. Cooper in Old Westbury can help you learn more about refinancing and choose the right refinance option for your situation.
Buying a Home in Old Westbury with Mr. Cooper
Getting ready to buy a home in Old Westbury, NY? Then you'll probably want to get prequalified for a home loan — along with some professional guidance for how to buy a house in Old Westbury. Despite New York's ever-changing real estate market, Mr. Cooper mortgage professionals are always equipped with the latest insights. Your Mr. Cooper mortgage professional can help smooth out the home-buying process in a couple of 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 Old Westbury. Last but not least, Mr. Cooper can help you secure a home loan that aligns with your financial situation and advances your dream of being a homeowner. From open house to closing day, Mr. Cooper is your ally.
Need Help? Contact Mr. Cooper Customer Service in Old Westbury, NY
We remain dedicated to serving you as your partner in the homeownership journey. So feel free to reach out to Mr. Cooper customer service in whatever way is most convenient for you. Send an email, call, sign in to our secure online messaging service, drop a note in one of our social media channels, or put a letter in the mail. Getting in contact with Mr. Cooper can be easy, whether you need to notify us that you've been awarded property through a divorce, make a payment, learn about refinancing, or ask a quick question.
- † A cash‐out refinance increases your mortgage debt and reduces the equity you may have in your home. Your monthly mortgage payments may be higher.
- ^ A debt consolidation refinance increases your mortgage debt, reduces equity, and extends the term on shorter‐term debt and secures such debts with your home. The relative benefits you receive from debt consolidation will vary depending on your individual circumstances. You should consider that a debt consolidation loan may increase the total number of monthly payments and the total amount paid over the term of the loan. To enjoy the benefits of a debt consolidation loan, you should not carry new credit card or high interest rate debt.