Mr. Cooper Home Loans in Wilkes-Barre, PA
Mr. Cooper here to ally with you in Wilkes-Barre, PA as you plan your next home purchase. As the nation's third-largest home loan servicer and a top-20 home lender, we have the training and expertise to help you evaluate your loan options and solidify your home buying plan.
Work with a Mr. Cooper mortgage professional and you can get a customized strategy for approaching your home loan journey — one that will help you walk confidently. We can help you figure out everything from how much house you can afford to what today's mortgage rates are in Wilkes-Barre. Our mortgage professionals will evaluate your unique financial and living situation and will come up with a recommended plan for the best mortgage options that fit your needs. Keep reading to learn more about different home mortgages and contact Mr. Cooper in Wilkes-Barre to take the first step toward reaching your goal. You could prequalify for a mortgage in no time. Get Started
What to Know About FHA Loans in Wilkes-Barre, PA
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. 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. The down payment can be as low as 3.5%, which is a great fit for many buyers who aren't eligible for a conventional loan.
In the Wilkes-Barre area, Mr. Cooper has seen FHA loans surge in popularity at the same time as student loan debt and rental prices — 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. 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.
Should You Pursue a VA Loan in Wilkes-Barre?
America's service men and women, veterans, and their spouses deserve the absolute 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 Wilkes-Barre. Reach out to Mr. Cooper if you’re ready to buy a home in Wilkes-Barre and think that you might be eligible for a VA loan. This type of financing has many benefits and can make the home buying process simpler. 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 Wilkes-Barre is quick and easy with a Mr. Cooper professional guiding you through the application process.
Mr. Cooper Simplifies Jumbo Loans in Wilkes-Barre, Too
Jumbo loans are a special financing option for some homebuyers in Wilkes-Barre. 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 interested in jumbo loans to buy a home in Wilkes-Barre, you most likely need larger loan amounts that exceed conventional loan limits. Contact Mr. Cooper for more information on jumbo loan eligibility in Wilkes-Barre.
Mr. Cooper Can Help You Buy a Home in Wilkes-Barre
Mr. Cooper's team of mortgage professionals is ready to guide you through your home buying journey in Wilkes-Barre. However, we know that looks different for everyone. Some people just want to check mortgage rates in Wilkes-Barre. Others want to learn how to get preapproved for a mortgage loan in Wilkes-Barre. While others are ready to apply for a home loan and close as soon as possible! Mr. Cooper's home buyer program in Wilkes-Barre 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.