Why Choose Mr. Cooper in Aberdeen, SD?

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Prequalify for a Mortgage in Aberdeen, SD with Mr. Cooper

Let's make your home ownership dreams a reality. As the nation's third-largest home loan servicer, Mr. Cooper is equipped to guide you through the home ownership process. Whether you want to learn more about conventional home loans, Federal Housing Administration loans (FHA), or VA loans, you can turn to Mr. Cooper. Mr. Cooper in Aberdeen can help you do so much — even learn more about your credit score and finances in general.

We understand that getting a mortgage can seem puzzling, particularly when you're a first-time home buyer in Aberdeen, SD. Call a Mr. Cooper mortgage professional for one-on-one guidance. Here's what you need to know in the meantime.

Conventional loans are a popular choice for Aberdeen home buyers and are actually one of the most common mortgage options. These are loans that are not insured by the federal government. Instead, conventional loans are backed by private lenders like Mr. Cooper. A couple of key benefits of a conventional loan could include numerous term lengths and agreeable interest rates.

Depending on your situation, you may want to consider another type of home loan that's available to many Aberdeen home buyers. It's called FHA. FHA stands for Federal Housing Administration. Accordingly, FHA loans are backed by the government. When compared to a conventional loan, an FHA loan generally has less restrictive credit requirements and often allows for a lesser down payment. Reach out to Mr. Cooper today to learn about FHA loan requirements in Aberdeen.

VA home loans are only available to service members, veterans, and their spouses. If you're trying to buy a house in Aberdeen and you're an active-duty service member, a veteran, or a surviving spouse, you may be eligible for a VA loan. At Mr. Cooper, we support our country's veterans, active-duty service members, and their families. It's our privilege to help every one of them become homeowners. 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 Aberdeen. Get Started

Refinance Your Home Loan in Aberdeen with Mr. Cooper

In addition to new home loans, Mr. Cooper also offers mortgage refinancing in Aberdeen. 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 may have a shorter loan term, a better interest rate, or both. Generally speaking, the goal of refinancing is to secure a lower interest rate and reduce your monthly payment (so you can invest more money in making memories in your Aberdeen house!).

Similar to how there are different options for new home loans, there are also different options for refinancing. For one, you can refinance for a more favorable loan term or interest rate. Cash-out refinancing is another option.† It allows homeowners who want to leverage their home's equity as cash to invest in things like home improvements or college tuition.† Cash-out refinancing can also be a way to consolidate debt, since you can tap into your home's equity and use the cash to pay down car loans, credit card debt, or medical bills.^ The right refinance option is a phone call away. Contact Mr. Cooper in Aberdeen to learn more about refinancing today.

Selling or Buying a House in Aberdeen with Mr. Cooper

Buying a house in Aberdeen, SD? Then you'll probably want to get prequalified for a home loan — along with some professional guidance for how to buy a house in Aberdeen. The real estate market in South Dakota is always changing, and Mr. Cooper mortgage professionals are equipped with the most up-to-date information. Mr. Cooper mortgage professionals will help simplify your home-buying experience in a few ways: First, we’ll help you determine how much house you can realistically afford to purchase. Next, we can help you prequalify for a mortgage in Aberdeen and recommend you to our affiliate to locate a good real estate agent near you.* Lastly, Mr. Cooper can help you secure a home loan that aligns with your financial situation and furthers your journey toward home ownership. Consider Mr. Cooper your ally, from open house to closing day.

Are you researching how to sell a house in Aberdeen, SD? Mr. Cooper can help you there, too. We're aware of the difficulties that come with selling a home in Aberdeen, especially when you're trying to do it for the first time. As a seller, you'll receive extensive sales and marketing service at a great 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 Aberdeen to learn more.

Mr. Cooper is here to be your advocate on your homeowner journey. Call today for more information about applying for a home loan, refinancing an existing loan, or buying or selling a home in Aberdeen. We're your ally.

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We see home loans differently. We see them through your eyes.

Get the facts about refinancing, buying or selling a home, consolidating debt, and more. Mr. Cooper is here for you.