Special Offers From Mr. Cooper

Sorry, there are no offers available at this time. Check back soon!

Find the Right Fixed-Rate Home Loan in Wake Forest, NC for You

Is a fixed-rate mortgage right for you? Mr. Cooper can help you decide. It's our goal to help you with the whole home-buying process.

Busy? Have us call you back. Call Me Back

More Information

What to Know About Fixed-Rate Loans in Wake Forest, NC

When researching home loans in Wake Forest, you'll see words and phrases you you may never have learned about. "Fixed-right" might be one of those words. As a company that's focused on making your path to homeownership clear and straightforward, Mr. Cooper is here to help demystify all the words and processes that go into buying a house!

What exactly is a fixed-rate loan? "Fixed-rate" means the interest rate on your mortgage doesn't change. Interest rates, expressed as percentages, are what the lender charges for giving you money. Interest rates on home loans can vary by the day, so a fixed-rate loan allows you to secure a stable rate. Fixed-rate loans often come with a 30-year term (length). Shorter time periods are possible and generally come with bigger monthly payments but lower overall interest paid over the course of the loan's life. So, what other home loan options are there in Wake Forest outside of fixed-rate

Comparing Adjustable-Rate and Fixed-Rate Loans in Wake Forest, NC

Before committing to a loan, compare all of your options, including adjustable-rate loans. Unlike a fixed-rate loan, the interest rate on an adjustable-rate mortgage (ARM) may change based on national indexes. An adjustable-rate mortgage will maintain the same rate for typically 3, 5, or 10 years, then the rate is revised at specific intervals. If your interest rate increases after the fixed-rate timeframe has ended, your monthly payments might increase too. Talk to a Mr. Cooper mortgage professional about the protections a fixed-rate loan can offer. We'll help you balance the pros and cons of fixed-rate and adjustable-rate mortgages, and help you see the key factors in picking the one that is right for you, like how long you plan on living in the house, how large of a mortgage payment you qualify for, and if you could still pay for an ARM if interest rates went up, and where interest rates are headed.

Call for Today's Fixed-Rate Home Loan Rates in Wake Forest, NC

We've only brushed the surface of fixed-rate loans and adjustable-rate loans! Give us a call to check the most recent fixed-rate mortgage rates in Wake Forest. We have a welcoming team that is standing by to guide you through the loan and homeownership process.

Wake Forest, NC Mr. Cooper Reviews

Read reviews from actual Mr. Cooper home mortgage customers in Wake Forest, NC.

Overall Rating

out of 5 stars ( customer reviews)

We're changing the face of home loans.

With Mr. Cooper, you can get pre-approved for a mortgage and get into a new home sooner.