Learn About Home Loans in Raleigh, NC
Mr. Cooper here to ally with you in Raleigh, NC as you plan your next home purchase. As a top-20 home lender and the third-largest home loan servicer in the country, we have decades of experience to help you evaluate your loan options and chart a path for home buying success.
Work with a Mr. Cooper mortgage professional and you can get a customized strategy for approaching your home loan journey — one that will help you walk confidently. We can help you figure out what today's mortgage rates are in Raleigh, how much house you can afford, and also get prequalified for a mortgage in Raleigh. Our mortgage professionals will evaluate your unique financial and living situation and will come up with a recommended plan for the best mortgage options that fit your needs. Keep reading to learn more about different home mortgages and contact Mr. Cooper in Raleigh to take the first step toward reaching your goal. You can begin the pre-qualification process today. Get Started
Are You Eligible for an FHA Loan in Raleigh, NC?
If you're searching for a loan with a potentially lower down payment and flexible credit requirements, you might want to consider a Federal Housing Administration (FHA) loan. Close to 1 in 5 of all home buyers rely on this government-issued loan type. The loan program largely caters to homebuyers who cannot afford the usual 20% down payment that many private lenders require. 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.
Around Raleigh, Mr. Cooper has seen FHA loans increase in popularity alongside the rise of rental costs and student loan debt — two circumstances that can make it hard to save money for a large down payment. Another benefit to FHA loans is that they're often accessible to borrowers with lower 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 Raleigh?
There's no question about it. America's service members, veterans, and their spouses should receive the best. If you think you might be eligible for a VA loan, Mr. Cooper can lend our expertise in helping you get qualified for a VA home loan in Raleigh. Reach out to Mr. Cooper if you’re ready to buy a home in Raleigh and think that you might be eligible for a VA loan. There are many benefits in this loan type that can make the home buying process a lot easier. VA loans offer lower rates when compared to the overall mortgage landscape. 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 Raleigh is quick and easy.
Mr. Cooper Also Offers Jumbo Loans in Raleigh
Jumbo loans are a good match for many homebuyers in Raleigh. A jumbo loan, or a jumbo mortgage, exceeds the limits of a conventional loan. Jumbo loans are designed to help people refinance or buy higher-valued real estate and are often millions of dollars. If you'd like to use a jumbo loan to buy a home in Raleigh, you will most likely require a larger loan amount that surpasses conventional loan limits. For more information on jumbo loan eligibility in Raleigh, contact Mr. Cooper.
Mr. Cooper Can Help You Buy a Home in Raleigh
The mortgage professionals at Mr. Cooper are ready to walk alongside you as you buy a home in Raleigh. But we know that doesn't mean the same thing to everyone. Some people just want to check mortgage rates in Raleigh. Others can't wait to prequalify for a mortgage in Raleigh. And still others can't wait to pack their moving boxes and close on a home as soon as possible! Mr. Cooper's home buyer program in Raleigh exists to make your dreams a reality. Contact a mortgage professional today.
- 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.