Types of Mr. Cooper Home Loans in Abilene, TX
In Abilene, planning a home purchase is easier when you have Mr. Cooper on your side. As the third-largest home loan servicer and a top-20 home lender in the country, we have decades of experience to help you evaluate your loan options and finalize your home buying plan.
A Mr. Cooper mortgage professional can create a personalized strategy that will help you get smarter about your home loan options. We can help you figure out how much house you can afford, what mortgage rates might be in Abilene, and also get pre-approved in Abilene. Our mortgage professionals start by evaluating your financial situation and where you are in life. From there, they compile a targeted plan to help you get the best mortgage option for you. Read on to learn more about different home mortgage options and contact Mr. Cooper in Abilene to take the first step toward reaching your goal. You can begin the pre-qualification process today. Get Started
Do You Qualify for an FHA Loan in Abilene, TX?
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. About 1 in 5 of all homebuyers go with this type of government-insured loan. The loan program largely caters to homebuyers who cannot afford the usual 20% down payment that many private lenders require. With a down payment that can be as low as 3.5%, an FHA loan can end up being a perfect match for buyers who aren't eligible for conventional loans.
Around Abilene, Mr. Cooper has seen FHA loans surge in popularity at the same time as student loan debt and rental prices — two factors that can make it tough to save enough money for a down payment. Another benefit to FHA loans is that they're often accessible to borrowers with lower credit scores. Whatever your situation, Mr. Cooper can help you weigh the pros and cons of FHA loans and determine the best financing route for you.
Could You Get a VA Loan in Abilene?
America's service men and women, veterans, and their spouses deserve the absolute best. If you think you may be eligible for a VA loan, Mr. Cooper can share their knowledge to help you get approved for a VA home loan in Abilene. Reach out to Mr. Cooper if you’re ready to buy a home in Abilene and think that you might be eligible for a VA loan. 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. There's also a possibility that you won't have to put down a down payment. Confirming your VA eligibility for a VA loan in Abilene is fast and simple with a Mr. Cooper professional walking you through the application process.
Mr. Cooper Simplifies Jumbo Loans in Abilene, Too
Jumbo loans are another option for some homebuyers in Abilene. A jumbo loan, or a jumbo mortgage, exceeds 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 Abilene, you most likely need larger loan amounts that exceed conventional loan limits. For more information on jumbo loan eligibility in Abilene, contact Mr. Cooper.
Mr. Cooper Can Help You Buy a Home in Abilene
Mr. Cooper's team of mortgage professionals is ready to guide you through your home buying journey in Abilene. But we know that means different things to different people. Some people are only interested in knowing today's mortgage rates in Abilene. Others want to get preapproved for a mortgage in Abilene. And still others can't wait to pack their moving boxes and close on a home as soon as possible! Whatever your unique needs and goals are, Mr. Cooper's home buyer program in Abilene is here to make them a reality. Contact a mortgage professional today.