Mr. Cooper Mortgages in Cary, NC
Looking to become a homeowner? It's the perfect time to do so. As the nation's third-largest home loan servicer, Mr. Cooper is equipped to guide you through the home ownership process. 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 Cary 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 Cary, NC. Call a Mr. Cooper mortgage professional for one-on-one guidance. Until then, here's what you need to know to get started.
Conventional loans are one of the most common and popular mortgage options for home buyers in Cary. These loans are not federally insured. Private lenders like Mr. Cooper back conventional loans, where the government backs other home loan types. Some benefits of a conventional loan may include favorable interest terms and various term lengths.
FHA is another home loan type that may be available to you as a Cary home buyer. FHA loans are also called Federal Housing Administration loans. They're backed by the U.S. 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 Cary with Mr. Cooper.
Only service members, veterans, and their spouses can receive a VA home loan. If you're getting ready to buy a home in Cary and are an active-duty service member, a veteran, or a surviving spouse, you may 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. 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 Cary. Get Started
Refinance Your Home Loan in Cary with Mr. Cooper
Mr. Cooper offers mortgage refinancing in Cary in addition to new home loans. Refinancing your home loan simply means paying off your current home loan and replacing it with a new one that better suits your financial needs. The new loan might come with a more favorable interest rate, a shorter loan term, or both. Generally speaking, the objective of refinancing is to secure a lower interest rate and decrease your monthly payment (so you can invest more money in making memories in your Cary house!).
Like new home loans, there are a couple of different ways to refinance. One option is to refinance to get a better interest or loan term. 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 medical bills, car loans, or credit card debt.^ Whatever your situation, Mr. Cooper in Cary can help you learn more about refinancing and choose the right refinance option.
Selling or Buying a House in Cary with Mr. Cooper
Are you ready to buy a house in Cary, NC? Then you'll probably want to get prequalified for a home loan — along with some professional guidance for how to buy a house in Cary. Despite North Carolina's ever-changing real estate market, Mr. Cooper mortgage professionals are always equipped with the latest insights. Mr. Cooper mortgage professionals will help simplify your home-buying experience in a few ways: First off, we can help you calculate how much house you can afford to buy. Next, we can help you prequalify for a mortgage in Cary and recommend you to our affiliate to locate a good real estate agent near you.* Lastly, Mr. Cooper can help you secure a home loan that aligns with your financial situation and advances your dream of being a homeowner. Consider Mr. Cooper your ally, from open house to closing day.
Selling a house in Cary, NC? Turn to Mr. Cooper for help. We're aware of the difficulties that come with selling a home in Cary, whether you're trying to sell a home for the first or fifteenth time. As a seller, you'll get in-depth marketing and sales insight at a great 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 our Cary Mr. Cooper Real Estate Rewards program to learn more.
Mr. Cooper is here to be your advocate on your homeowner journey. Contact us to learn more about home loans, refinancing, and buying or selling a home in Cary. We are here for you.
- † 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.
- The Purchase Pro program is not available in AK, IA, KS, LA, MS, MO, OK, OR and TN.
- ** Listing commissions may vary by transaction and through negotiation.
- Mr. Cooper Real Estate Rewards is a service mark of Nationstar Mortgage LLC.