Mr. Cooper Serves Durham, NC

Call us now: (888) 511-7785  Busy? Have us call you back. Call Me Back

More Information

Prequalify for a Mortgage in Durham, NC with Mr. Cooper

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. Mr. Cooper in Durham can be your home loan ally, whether you're searching for a conventional home loan, a Federal Housing Administration loan (FHA), or a VA loan. There’s a lot you can do with Mr. Cooper in Durham — including learning more about finances in general and learning about your credit score.

We know getting a mortgage can feel overwhelming, especially if you're a first-time home buyer in Durham, NC. Give us a call to see how it applies to you. In the meantime, here’s what you need to know.

Conventional loans are one of the most common and popular mortgage options for home buyers in Durham. These are loans that are not insured by the federal government. Instead, conventional loans are backed by private lenders like Mr. Cooper. Some advantages 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 Durham 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. Reach out to Mr. Cooper today to learn about FHA loan requirements in Durham.

Only service members, veterans, and their spouses can receive a VA home loan. If you're trying to buy a house in Durham 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 honor to help our nation's veterans, active-duty service members, and their families 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 Durham. Get Started

Mr. Cooper Refinancing in Durham

Mr. Cooper offers mortgage refinancing in Durham 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 may have a shorter loan term, a better interest rate, or both. Most of the time, 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 Durham home!).

There are a few different ways you can refinance your home loan. One option is to refinance to get a better interest or loan term. Cash-out refinancing is another option.† It allows homeowners who want to leverage their home's equity as cash to invest in things like home remodeling or higher education. Cash-out refinancing can also be a way to consolidate debt, since you can tap into your home's equity and use the cash to pay down medical bills, car loans, or credit card debt.^ Mr. Cooper in Durham can help you learn more about refinancing and choose the right refinance option for your situation.

Selling or Buying a House in Durham with Mr. Cooper

Buying a house in Durham, NC? Then you may want to start by seeking professional guidance for how to buy a house in Durham and get prequalified for a mortgage in Durham. North Carolina's real estate market ebbs and flows. Despite the constant change, Mr. Cooper mortgage professionals always have the most up-to-date insights. How can a Mr. Cooper mortgage professional help streamline your home-buying journey? We can help in a few ways: First, we’ll help you determine how much house you can realistically afford to purchase. Then, we can help you get prequalified to buy a home in Durham and recommend you to our affiliate to locate a good real estate agent near you.* Last but not least, Mr. Cooper can help you secure a home loan that aligns with your financial situation and accelerates your home ownership journey. Think of Mr. Cooper as your ally, from home search to closing on your loan.

Preparing to sell a home in Durham, NC? Mr. Cooper can help you there, too. We're aware of the challenges that come with selling a home in Durham, especially when you're trying to do it for the first time. As a seller, you'll receive extensive sales and marketing service at a good value. And as a buyer, you could be eligible for a special credit at closing and gain access to thousands of listings.** Ask about the Mr. Cooper Real Estate Rewards program in Durham to learn more.

Mr. Cooper is here to help you on your journey to home ownership. Give us a call for more information about applying for a home loan, refinancing an existing loan, or buying or selling a home in Durham. We're your ally.

Durham, NC Mr. Cooper Customer Reviews

Read reviews from actual Mr. Cooper customers in Durham, NC. Then call us to see how we can help you.

What’s Your Goal?

We see home loans differently. We see them through your eyes.

Work with Mr. Cooper for no online transaction fees, friendly U.S.-based customer service, and a cutting-edge mobile app with more tools and info than you can imagine.