Mr. Cooper Home Loans in Burlington, NC
In Burlington, planning a home purchase is easier when you have Mr. Cooper on your side. As a top-20 home lender and the third-largest home loan servicer in the country, we have decades of experience to help you navigate your loan options and solidify your home buying plan.
A Mr. Cooper mortgage professional can create a personalized strategy that will help you get smarter about your home loan options. We can help you understand what today's mortgage rates are in Burlington, how much house you can afford, and also get prequalified for a mortgage in Burlington. Our mortgage professionals start by evaluating your financial situation and where you are in life. From there, they compile a targeted plan to help you get the best mortgage option for you. Learn more about various home mortgages below and contact a Mr. Cooper mortgage professional in Burlington to get started. You can begin the pre-qualification process today. Get Started
Do You Qualify for an FHA Loan in Burlington, NC?
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 is primarily designed to help homebuyers who cannot afford the traditional 20% down payment that is often required by private lenders. The down payment can be as low as 3.5%, which is a great fit for many buyers who aren't eligible for a conventional loan.
In the Burlington area, Mr. Cooper has seen FHA loans increase in popularity alongside the rise of rental costs and student loan debt — 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. No matter your circumstances, Mr. Cooper can help you weigh the pros and cons of FHA loans and determine the best financing route for you.
Should You Pursue a VA Loan in Burlington?
America's service men and women, veterans, and their spouses deserve the absolute best. Mr. Cooper can lend their expertise in helping you get qualified for a VA home loan in Burlington if you think you might be eligible for one. Contact Mr. Cooper if you're starting the home buying process in Burlington and you could be eligible for a VA loan. There are many benefits in this loan type that can make the home buying process a lot easier. Interest rates are often significantly lower than the broader mortgage market. There’s also a chance that you may not be required to put down a down payment. With a Mr. Cooper professional guiding you through the application process, checking your VA eligibility for a VA loan in Burlington is quick and easy.
Mr. Cooper Also Offers Jumbo Loans in Burlington
Jumbo loans are a good match for many homebuyers in Burlington. A jumbo loan, or a jumbo mortgage, exceeds the limits of a conventional loan. Jumbo loans are often in the millions and are designed to help people buy or refinance higher-valued real estate. If you’re interested in jumbo loans to buy a home in Burlington, you most likely need larger loan amounts that exceed conventional loan limits. For more information on jumbo loan eligibility in Burlington, contact Mr. Cooper.
Buy a House in Burlington with Help from Mr. Cooper
The mortgage professionals at Mr. Cooper are ready to walk alongside you as you buy a home in Burlington. But we know that doesn't mean the same thing to everyone. Some people are only interested in knowing today's mortgage rates in Burlington. Others can't wait to prequalify for a mortgage in Burlington. While others are ready to speed through the loan application process and close on a home tomorrow! Mr. Cooper's home buyer program in Burlington exists to make your dreams a reality. Contact a mortgage professional today.