Getting the Home Loan in Havelock, NC That's Best for You
A home isn't a one size fits all kind of thing. Neither are home loans in Havelock. Securing the correct fit for your needs takes some shopping around! Mr. Cooper can help! Our goal is to keep the dream of homeownership alive starting with the mortgage loan process. We encourage you to continue reading for general information about finding a home loan, but also call a Mr. Cooper mortgage professional for any questions you may have.
As you begin searching for home loans, double check your credit and try your best to get it in tip-top shape. A less-than-stellar credit score may mean you'll have a higher interest rate on your mortgage loan. On the other hand, a strong credit score can help you advocate for your best rate with a lender. Your credit score, financial situation, and the timing in which you wish to make your move can all impact the type of loan that matches your needs. So, what options are out there for you?
Different Types of Home Loans in Havelock, NC
You may have options when it comes to Havelock home loans: conventional loans, FHA loans, FHA streamline loans, VA loans, VA Interest Rate Reduction Loans (VA IRRRL), and high balance conforming loans. A conventional loan may be the perfect option for you if your credit is healthy, your income and employment history are stable, and you're ready to make a down payment of as little as 3% depending on your situation.
VA and FHA loans are both classified as government loans. Income and credit requirements are usually a little more different than conventional loans. Also, veterans, surviving spouses and active-duty service members may be eligible to apply for VA new home loans. Which home loan is right for you? A trained loan officer can help you understand your options and next steps, depending on your position in the process.
Begin in Havelock, NC with a Preapproval Letter
Secure a Verified Approval Letter from the lender before you start shopping for homes in Havelock to show that you've done your due diligence. A Verified Approval Letter is evidence that the lender has reviewed your finances and has given you an estimate of how much you can buy. The letter can also carry more weight seller’s you’re serious about the home they’re selling. Call the mortgage team at Mr. Cooper now to talk about all things loan-related! We'll walk through everything from your Verified Approval letter to your credit and loan options. Now is a great time for buying a home in Havelock. What are you waiting for? Get started with the help you need!
- This is not a commitment to lend. All loans are subject to credit and property approval. This offer is nontransferable and may not be combined with any other mortgage offer. Advertised offer is subject to change. If a personal code is present on the advertised offer, you must provide such code to claim the offer. We may gather information about you including, but not limited to, credit bureau information, information for verification of income, information for appraisal and verification of property being used for collateral. We also verify your identity. Income, assets, and debt must meet eligibility requirements as established by Government and/or Lender guidelines.