Learn About Home Loans in Frisco, TX
Mr. Cooper here to ally with you in Frisco, TX as you plan your next home purchase. As the nation's third-largest home loan servicer and a top-20 home lender, we have decades of experience to help you understand your loan options and chart a path for home buying success.
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 determine what today's mortgage rates are in Frisco, how much house you can afford, and also get prequalified for a mortgage in Frisco. 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. Learn more about various home mortgages below and call one of Mr. Cooper's mortgage professionals in Frisco to start your journey. You can begin the pre-approval process as soon as today! Get Started
Do You Qualify for an FHA Loan in Frisco, TX?
If you're searching for a loan with a potentially lower down payment and flexible credit requirements, you might want to consider a Federal Housing Administration (FHA) loan. 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% and may be a perfect fit for buyers who can’t get a conventional loan.
Around Frisco, Mr. Cooper has seen FHA loans surge in popularity at the same time as student loan debt and rental prices — two things 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 Frisco?
There's no question about it. America's service members, veterans, and their spouses should receive the 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 Frisco. Reach out to Mr. Cooper if you’re ready to buy a home in Frisco and think that you might be eligible for a VA loan. This loan type can make the home buying process much easier in a couple of ways. VA loans offer lower rates when compared to the overall mortgage landscape. There’s also a chance that you may not be required to put down a down payment. Checking your VA eligibility for a VA loan in Frisco is quick and easy with a Mr. Cooper professional guiding you through the application process.
Mr. Cooper Simplifies Jumbo Loans in Frisco, Too
Jumbo loans are another option for some homebuyers in Frisco. 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 curious about using a jumbo loan to buy a house in Frisco, you'll probably need larger loan amounts that surpass conventional loan limits. For more information on jumbo loan eligibility in Frisco, contact Mr. Cooper.
Buy a Home in Frisco with Help from Mr. Cooper
Mr. Cooper's team of mortgage professionals is ready to guide you through your home buying journey in Frisco. But we know that means different things to different people. Some people just want to know the latest mortgage rates in Frisco. Others can't wait to prequalify for a mortgage in Frisco. While others are ready to speed through the loan application process and close on a home tomorrow! No matter what you're looking for, Mr. Cooper's home buyer program in Frisco can help you find it. Contact a mortgage professional today.