Prequalify for a Mortgage in Folly Beach, SC with Mr. Cooper
Let's make your home ownership dreams a reality. As the nation's third-largest home loan servicer, Mr. Cooper is ready to support you throughout your journey to home ownership. Whether you want to learn more about conventional home loans, Federal Housing Administration loans (FHA), or VA loans, you can turn to Mr. Cooper. You can do so much with Mr. Cooper in Folly Beach — including learn more about mortgage rates, credit scores, and budgeting.
We understand that getting a mortgage can seem puzzling, and even more so when you're a first-time home buyer in Folly Beach, SC. Give us a call to see how it applies to you. Here's what you need to know in the meantime.
Conventional loans are one of the most common and popular mortgage options for home buyers in Folly Beach. These loans are not federally insured. The government backs other home loan types, while private lenders like Mr. Cooper back conventional loans. A couple of key benefits of a conventional loan may include numerous term lengths and agreeable interest rates.
FHA is another home loan type that may be available to you as a Folly Beach home buyer. FHA stands for Federal Housing Administration. Accordingly, FHA loans are backed by the government. An FHA loan can have more flexible credit requirements and typically allows for a lesser down payment than a conventional loan. Learn more about FHA loan requirements in Folly Beach with Mr. Cooper.
VA home loans aren't available to everyone. You must be an active duty service member, a veteran, or a surviving spouse of a veteran to apply. If you're getting ready to buy a home in Folly Beach and are an active-duty service member, a veteran, or a surviving spouse, you may be eligible for a VA loan. At Mr. Cooper, it's our privilege to serve veterans and help them realize their dreams of home ownership. Due to the uniqueness of this home loan option, we encourage you to call a Mr. Cooper mortgage professional to learn more about VA loans in Folly Beach. Get Started
Mr. Cooper Mortgage Refinancing in Folly Beach
In addition to new home loans, Mr. Cooper also offers mortgage refinancing in Folly Beach. Refinancing your home loan simply means paying off your current home loan and replacing it with a new one that better suits your financial needs. The new loan might come with a more favorable interest rate, a shorter loan term, or both. Most of the time, the goal of refinancing is to obtain a lower interest rate and decrease your monthly payment (so you can spend more money on making memories and building a life in your Folly Beach home!).
There are a few different ways you can refinance your home loan. For one, you can refinance for a more favorable loan term or interest rate. There's also cash-out refinancing, which allows homeowners who want to leverage equity they have built in their home as cash to pay for home remodeling or higher education. This type of refinancing also allows for debt consolidation, since you can use equity from your home to tap into cash and pay down credit card debt, medical bills, or auto loans.^ The right refinance option is a phone call away. Contact Mr. Cooper in Folly Beach to learn more about refinancing today.
Buy or Sell a House in Folly Beach with Mr. Cooper's Help
Buying a house in Folly Beach, SC? Then you'll probably want to get prequalified for a home loan — along with some professional guidance for how to buy a house in Folly Beach. The real estate market in South Carolina is always changing, and Mr. Cooper mortgage professionals are equipped with the most up-to-date information. Your Mr. Cooper mortgage professional can help smooth out the home-buying process in a couple of ways: First, we’ll help you determine how much house you can realistically afford to purchase. Then, we can help you get prequalified to buy a home in Folly Beach and introduce you to our affiliate to find a dependable real estate agent.* Last but not least, Mr. Cooper can help you secure a home loan that aligns with your financial situation and furthers your journey toward home ownership. Think of Mr. Cooper as your ally, from home search to closing on your loan.
Are you researching how to sell a house in Folly Beach, SC? Mr. Cooper can help you there, too. We understand the obstacles that come with selling a house in Folly Beach, particularly if it's your first time doing it. As a seller, you'll get in-depth marketing and sales insight at a good value. And as a buyer, you'll gain access to thousands of new listings and could be eligible for a special credit at closing.** Ask about the Mr. Cooper Real Estate Rewards program in Folly Beach to learn more.
Mr. Cooper is here to be your advocate on your homeowner journey. Call today for more information about home loans, refinancing, and buying or selling a home in Folly Beach. We are here for you.
- The Purchase Pro program is not available in AK, IA, KS, LA, MS, MO, OK, OR and TN.
- ** Listing commissions may vary by transaction and through negotiation.
- Mr. Cooper Real Estate Rewards is a service mark of Nationstar Mortgage LLC.