Learn About Home Loans in Hershey, PA
Mr. Cooper here to ally with you in Hershey, PA as you plan your next home purchase. As the third-largest home loan servicer and a top-20 home lender in the country, we have decades of experience to help you evaluate your loan options and finalize your home buying plan.
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 determine everything from how much house you can afford to what today's mortgage rates are in Hershey. Our mortgage professionals get to know your unique financial and living situation to come up with a strategic plan for securing the best mortgage for your needs. Read on to learn more about different home mortgage options and contact Mr. Cooper in Hershey to take the first step toward reaching your goal. You can begin the pre-approval process as soon as today! Get Started
What to Know About FHA Loans in Hershey, PA
A Federal Housing Administration (FHA) loan may be a good option for you if you’re looking for a loan with flexible credit requirements and a potentially lower down payment. This government-insured loan type is behind nearly 1 in 5 of all homebuyers. The loan system is specifically geared toward homebuyers who can't afford the typical 20% down payment that's usually required by private lenders. With a down payment that can be as low as 3.5%, an FHA loan can end up being a perfect match for buyers who aren't eligible for conventional loans.
In the Hershey area, Mr. Cooper has seen FHA loans increase in popularity alongside the rise of rental costs and student loan debt — two things that can make it hard to save money for a large down payment. Another perk to FHA loans is that they're usually available to borrowers with lower credit scores. Whatever your situation, Mr. Cooper can walk you through the ins and outs of FHA loans and figure out the best financing option for your needs.
Could You Get a VA Loan in Hershey?
There's no question about it. America's service members, veterans, and their spouses should receive the best. If you think you may be eligible for a VA loan, Mr. Cooper can share their knowledge to help you get approved for a VA home loan in Hershey. Contact Mr. Cooper if you're starting the home buying process in Hershey and you could be eligible for a VA loan. There are many benefits in this loan type that can make the home buying process a lot easier. Many times, interest rates are substantially lower than the rest of the mortgage market. You may not be required to put down a down payment, either. Checking your VA eligibility for a VA loan in Hershey is quick and easy with a Mr. Cooper professional guiding you through the application process.
Mr. Cooper Simplifies Jumbo Loans in Hershey, Too
Jumbo loans are a good match for many homebuyers in Hershey. 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'd like to use a jumbo loan to buy a home in Hershey, you will most likely require a larger loan amount that surpasses conventional loan limits. For more information on jumbo loan eligibility in Hershey, contact Mr. Cooper.
Buy a Home in Hershey with Help from Mr. Cooper
Mr. Cooper's family of mortgage professionals is ready to help you buy a house in Hershey. But we know that means different things to different people. Some people just want to know the latest mortgage rates in Hershey. Others want to get preapproved for a mortgage in Hershey. 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 Hershey exists to make your dreams a reality. Talk to a mortgage professional today.