Learn About Home Loans in Myrtle Beach, SC
Mr. Cooper is here to walk alongside you in your homeownership journey in Myrtle Beach, SC. As a top-20 home lender and the third-largest home loan servicer in the country, we have the background to help you evaluate your loan options and chart a path for home buying success.
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 determine everything from how much house you can afford to what today's mortgage rates are in Myrtle Beach. 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. Read on to learn more about different home mortgage options and call one of Mr. Cooper's mortgage professionals in Myrtle Beach to start your journey. You can begin the pre-approval process as soon as today! Get Started
What to Know About FHA Loans in Myrtle Beach, SC
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 program largely caters to homebuyers who cannot afford the usual 20% down payment that many private lenders require. 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 Myrtle Beach, Mr. Cooper has watched FHA loans rise in popularity alongside increases in student loan debt and rental costs — two factors that can make it tough to save enough money for a down payment. Another perk to FHA loans is that they're usually available to borrowers with lower credit scores. No matter your circumstances, Mr. Cooper can walk you through the ins and outs of FHA loans and figure out the best financing option for your needs.
Mr. Cooper Can Be Your Guide to Myrtle Beach VA Loans
There's no question about it. America's service members, veterans, and their spouses should receive 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 Myrtle Beach. Connect with Mr. Cooper if you're looking to buy a home in Myrtle Beach and want to learn more about VA loans. There are many benefits in this loan type that can make the home buying process a lot easier. VA loans offer lower rates when compared to the overall mortgage landscape. You may not be required to put down a down payment, either. With a Mr. Cooper professional guiding you through the application process, checking your VA eligibility for a VA loan in Myrtle Beach is quick and easy.
Mr. Cooper Also Offers Jumbo Loans in Myrtle Beach
Jumbo loans are a good match for many homebuyers in Myrtle Beach. A jumbo loan, or a jumbo mortgage, goes beyond the limits of a conventional loan. Jumbo loans are often in the millions and are designed to help people buy or refinance higher-valued real estate. If you’re interested in jumbo loans to buy a home in Myrtle Beach, you most likely need larger loan amounts that exceed conventional loan limits. Call Mr. Cooper to learn more about jumbo loan eligibility in Myrtle Beach.
Mr. Cooper Can Help You Buy a Home in Myrtle Beach
Mr. Cooper's team of mortgage professionals is ready to guide you through your home buying journey in Myrtle Beach. However, we know that looks different for everyone. Some people just want to check mortgage rates in Myrtle Beach. Others want to get preapproved for a mortgage in Myrtle Beach. While others are ready to apply for a home loan and close as soon as possible! No matter what you're looking for, Mr. Cooper's home buyer program in Myrtle Beach can help you find it. Contact a mortgage professional today.