What to Know When Buying a House in Bethlehem, PA
Buying a home can be one of the most satisfying yet challenging things you do in life — especially when you're a first-time home buyer in Bethlehem, PA. 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. Pulling from their years of experience and training in the home buying industry, our mortgage professionals will give you the right information, at the right time. You'll learn what to ask and when, such as, "how long has this house been for sale?" and, "how many offers has the seller received so far?" 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 Bethlehem. Next, we'll take you through the process of prequalifying for a mortgage, which can help you look more attractive to a potential seller. Getting prequalified for a mortgage is incredibly important when you're trying to buy a house in Bethlehem. 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. Finally, we'll help you select and apply for a home loan, finalize your loan, and walk alongside you until closing day. With Mr. Cooper in your corner, you can make buying a home in Bethlehem easier.
What If You Are in Escrow with Mr. Cooper?
Escrow period is a phrase you'll hear used throughout the homeownership journey, whether you're a home buyer or a seller. The escrow period is when a third party holds something of value, usually money, in a special account until a transaction between a seller and buyer is finished. The escrow process can be used for all kinds of business dealings, but we focus on how it is used in real estate. If you're the one buying the home, you generally place a percentage of the property price in escrow. If you're the home seller, you take the home off the market during the escrow period so the property can be inspected.
Once you're a homeowner and enjoying living in your home, escrow takes on a slightly different meaning. Your escrow account holds money that your mortgage servicer sets aside to pay your insurance premiums and property taxes. The account helps alleviate the stress of having to save for and keep track of those expenses. Connect with one of our dedicated customer service agents to learn about your former Nationstar escrow account or current Mr. Cooper escrow account. We are here to walk with you, whether you're buying or settling in. See things differently with Mr. Cooper.
Mr. Cooper Offers More Than Home Loans in Bethlehem
In Bethlehem, Mr. Cooper is a great home buying ally to have in your back pocket. We'll give you the information, service, and support you need to make the best financial decisions to achieve your future goals. We can even offer guidance around credit score health and support you as you improve your credit to qualify for more competitive financing options. Improving credit can be as straightforward as monitoring and resolving credit errors, paying bills early, and reducing your total debt. Plenty of credit mistakes are the result of people failing to act or not paying attention. We think you can be different. All you need is knowledge. Act today! Check your credit, take steps to make it better, and get prequalified for a mortgage. With Mr. Cooper as your trusted resource, you can be ready to buy your home even sooner.