Types of Mr. Cooper Home Loans in Wilson, NC
In Wilson, planning a home purchase is easier when you have Mr. Cooper on your side. As a top-20 home lender and the third-largest home loan servicer in the country, we have decades of experience to help you understand your loan options and chart a path for home buying success.
A Mr. Cooper mortgage professional can create a personalized strategy that will help you get smarter about your home loan options. We can help you understand what today's mortgage rates are in Wilson, how much house you can afford, and also get prequalified for a mortgage in Wilson. Our mortgage professionals start by evaluating your financial situation and where you are in life. From there, they compile a targeted plan to help you get the best mortgage option for you. Read on to learn more about different home mortgage options and contact Mr. Cooper in Wilson 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 Wilson, 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 is primarily designed to help homebuyers who cannot afford the traditional 20% down payment that is often required by private lenders. The down payment can be as low as 3.5% and may be a perfect fit for buyers who can’t get a conventional loan.
Around Wilson, 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. Wherever you are on your journey, 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 Wilson?
America's service men and women, veterans, and their spouses deserve the absolute best. Mr. Cooper can lend their expertise in helping you get qualified for a VA home loan in Wilson if you think you might be eligible for one. Connect with Mr. Cooper if you're looking to buy a home in Wilson and want to learn more about VA loans. This type of financing has many benefits and can make the home buying process simpler. 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 Wilson is quick and easy.
Mr. Cooper Also Offers Jumbo Loans in Wilson
Jumbo loans are a special financing option for some homebuyers in Wilson. A jumbo loan, or a jumbo mortgage, goes beyond 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're curious about using a jumbo loan to buy a house in Wilson, you'll probably need larger loan amounts that surpass conventional loan limits. For more information on jumbo loan eligibility in Wilson, contact Mr. Cooper.
Buy a Home in Wilson with Help from Mr. Cooper
The mortgage professionals at Mr. Cooper are ready to walk alongside you as you buy a home in Wilson. However, we know that looks different for everyone. Some people just want to check mortgage rates in Wilson. Others want to get preapproved for a mortgage in Wilson. 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 Wilson exists to make your dreams a reality. Talk to 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.