Special Offers From Mr. Cooper

Sorry, there are no offers available at this time. Check back soon!

Compare Canton, SD Home Loans

For all your Canton home loan needs, call Mr. Cooper. We're your purchase and refinance partner in South Dakota.

Busy? Have us call you back. Call Me Back

More Information

Getting the Home Loan in Canton, SD That's Best for You

Homes aren't one size fits all structures. Canton home loans aren’t either. Finding the right fit for you may require some comparison shopping! That’s where Mr. Cooper can help. Our mission is to turn the homeownership journey into something that's less difficult and more enjoyable, starting with the mortgage loan process. We encourage you to continue reading for routine information about finding a home loan, but also call a Mr. Cooper professional with any mortgage questions you might have.

Check your credit before you start applying for loans and try your best to get it in tip-top shape. A low credit score could mean you are presented with a higher interest rate on your loan. On the flip side, a high credit score can help you advocate for your best rate with a lender. Your credit score, financial situation, and the timeline you wish to make your move can all be a factor in the type of home loan that fits your needs. So, what's out there to choose from?

What Types of Loans Are There in Canton, SD?

There are several different types of home loans available to Canton home buyers: conventional loans, FHA loans, FHA streamline loans, VA loans, VA Interest Rate Reduction Loans (VA IRRRL), and high balance conforming loans. A conventional loan may be the perfect option for you if your income and employment history are stable, your credit is healthy, and you're going to make a down payment of at least 3% depending on your situation.

VA and FHA loans are both classified as government loans. Income and credit requirements tend to have laid-back than conventional loans. Also, active-duty service members, veterans and surviving spouses may be eligible to apply for VA new home loans. Which home loan is right for you? A professional Mr. Cooper loan officer can help you understand your options and next steps, depending on your stage in the journey.

Begin in Canton, SD with a Preapproval Letter

Talk to your lender about a Verified Approval Letter. Get one before you start going to Open Houses in Canton to indicate that you really do intend to buy. A Verified Approval Letter is evidence that the lender has reviewed your finances and has given you an estimate of how much you can buy. It can also show seller’s you’re serious about the home they’re selling. Give us a call now to talk about all things loan-related! We'll walk through everything from your credit, possible loan options and your Verified Approval letter. It could be the perfect season for you to buy a new house in Canton. See how we can help you navigate your next home-buying experience!

Mr. Cooper Reviews for Canton, SD

Read real stories from real Mr. Cooper home mortgage customers in Canton, SD. Then contact us to see what we can do for you.

Overall Rating

out of 5 stars ( customer reviews)

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

Work with Mr. Cooper to get pre-qualified and get into the home of your dreams.