Prequalify for a Mortgage in Scranton, PA with Mr. Cooper

Types of Mr. Cooper Home Loans in Scranton, PA

In Scranton, planning a home purchase is easier when you have Mr. Cooper on your side. As one of the nation's largest home loan servicers and a top-20 home lender, we have the training and expertise to help you evaluate 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 determine everything from how much house you can afford to what today's mortgage rates are in Scranton. 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. Learn more about various home mortgages below and contact Mr. Cooper in Scranton to take the first step toward reaching your goal. You could prequalify for a mortgage in no time. Get Started

Are You Eligible for an FHA Loan in Scranton, PA?

If you’re looking for a loan with flexible credit requirements and a potentially lower down payment, a Federal Housing Administration (FHA) loan may be a good option for you. Close to 1 in 5 of all home buyers rely on this government-issued loan type. The loan program largely caters to homebuyers who cannot afford the usual 20% down payment that many private lenders require. 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.

Around Scranton, Mr. Cooper has watched FHA loans rise in popularity alongside increases in student loan debt and rental costs — 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 determine if an FHA loan is right for you. And if it's not, we'll help you find a different financing route.

Mr. Cooper Can Be Your Guide to Scranton VA Loans

This nation's service men and women, veterans, and their spouses deserve nothing but the best. If you think you might be eligible for a VA loan, Mr. Cooper can lend our expertise in helping you get qualified for a VA home loan in Scranton. Contact Mr. Cooper if you're starting the home buying process in Scranton and you could be eligible for a VA loan. This loan type can make the home buying process much easier in a couple of ways. Interest rates are often significantly lower than the broader mortgage market. There's also a possibility that you won't have to put down a down payment. Checking your VA eligibility for a VA loan in Scranton is quick and easy with a Mr. Cooper professional guiding you through the application process.

Mr. Cooper Also Offers Jumbo Loans in Scranton

Jumbo loans are a good match for many homebuyers in Scranton. A jumbo loan, or a jumbo mortgage, exceeds the limits of a conventional loan. Jumbo loans are made to help people refinance or buy higher-valued real estate and are often in the millions. If you'd like to use a jumbo loan to buy a home in Scranton, you will most likely require a larger loan amount that surpasses conventional loan limits. Contact Mr. Cooper for more information on jumbo loan eligibility in Scranton.

Mr. Cooper Can Help You Buy a Home in Scranton

Mr. Cooper's family of mortgage professionals is ready to help you buy a house in Scranton. But we know that doesn't mean the same thing to everyone. Some people just want to know the latest mortgage rates in Scranton. Others can't wait to prequalify for a mortgage in Scranton. And still others can't wait to pack their moving boxes and close on a home as soon as possible! Whatever your unique needs and goals are, Mr. Cooper's home buyer program in Scranton is here to make them a reality. Reach out to a mortgage professional now.

When You Already Have a Mr. Cooper Mortgage in Scranton

You have different priorities in life when you're focused on enjoying your current home as opposed to someone who is looking to buy or sell a house. The Help Center is your first stop when you need help taking care of business. You'll find information about making mortgage payments, viewing statements, and paying property taxes. Since we mentioned it...let's talk about taxes for a minute. Ever met someone who enjoyed shelling out money for property taxes? Probably not. We haven't either! That's partly what an escrow account is for, but not every loan requires an escrow account. The Help Center is the place to go with escrow questions, too. To put it simply, as a Mr. Cooper mortgage customer in Scranton, you put money into your escrow account each month. Putting money in escrow is a little like putting money in a piggy bank. The money in your escrow account is then used to pay your Scranton property taxes and insurance bills. Reach out today with questions about Scranton tax statements or property taxes. Our customer service agents are on hand to help.

Help with Mr. Cooper Mortgage Deferral in Scranton

Perhaps you started your homeownership journey without a single hiccup, but now things look different. Due to a big life change, surprise bill, or unfortunate illness, you've found yourself behind on your mortgage payments. You're not alone, and Mr. Cooper can help with a mortgage assistance solution that's right for your needs. You may already have heard about one option: mortgage deferral. A mortgage deferment is when your mortgage payments are temporarily suspended. This route offers short-term relief when you're trying to recover from one of life's many curve balls. However, mortgage deferral isn't the only way to reduce mortgage payment stress. Contact Mr. Cooper as soon as you think you may have a problem paying your mortgage on time, even if you think you're looking for a "Nationstar deferral" instead. The sooner you let us know you need help, the faster we can respond with a solution. We’ve helped many homeowners who are in search of Mr. Cooper or Nationstar deferrals.