Buying a House in Springfield, OR Is Easier with Mr. Cooper
Buying a home can be one of the most rewarding yet stressful things you ever do — particularly when you're new to the process and are a first-time home buyer in Springfield, OR. There are plenty of things to learn, and Mr. Cooper is here to help cover your bases. We'll give you the information you need to approach the whole process with confidence, from prequalification to financing and closing. Our mortgage professionals have years of experience buying homes, and they know how to customize information to fit your situation. You'll learn what to ask and when, such as, "how many offers has the seller received so far?" and, "how long has this house been for sale?" Give Mr. Cooper a call to get started.
We'll help you prepare and plan for home ownership by helping you estimate how much house you can afford in Springfield. We'll then walk you through getting prequalified, which could help you get ahead of the game. When it comes to buying a home in Springfield, mortgage prequalification is one of the best things you can do. It accomplishes two things. First, it indicates that a mortgage lender thinks you're a solid candidate for a home loan. Second, it provides you with the most accurate estimate of how much you can afford to spend on a house. Last but not least, we'll help you choose and apply for a home loan, secure your loan, and walk you through the process until closing day. With Mr. Cooper in your corner, you can make buying a home in Springfield easier.
More on Mr. Cooper Escrow Period
What's an escrow period? It's a phrase you'll come across throughout your homeownership journey, whether you're on the buying or selling side of things. The escrow period is when a third party holds something of value, usually money, in a special account until a deal between a buyer and seller is finalized. An escrow account can be used for all types of business handlings, but we focus on how it applies to real estate. If you're the home buyer, you typically put a percentage of the property price in the escrow account. If you're the home seller, you take the home off the market during the escrow period so the property can be inspected.
Escrow carries a different meaning once you're in your home and enjoying it day in and day out. Your escrow account is like a piggy bank that holds money for your mortgage company to pay your property taxes and insurance premiums. The account helps alleviate the stress of having to save for and keep track of those expenses. Contact one of our customer service agents today to talk about your former Nationstar escrow account or current Mr. Cooper escrow account. We're here to support you, whether you're buying or just settling in. See things differently with Mr. Cooper.
Mr. Cooper Offers More Than Home Loans in Springfield
In Springfield, Mr. Cooper is the ally you want to help you along the way when buying a home. We'll give you the support, service, and information you need to make the best financial decisions to achieve your future goals. We can even provide education around credit scores and walk you through the process of boosting your credit to expand financing options that might be available to you. Boosting credit can be as straightforward as reducing your total debt, monitoring and resolving credit errors, and paying bills before they're due. Credit mistakes often happen when people don't take action or aren't paying attention. We believe that with a little knowledge, you can be different. Act today! Check your credit, take steps to make it better, and get prequalified for a mortgage. With Mr. Cooper as your go-to advisor, you can be prepared to buy a house even sooner.