Prequalify for a Mortgage in Katy, TX with Mr. Cooper
Ready to make your home ownership dreams come true? Let's do it. As the nation's third-largest home loan servicer, Mr. Cooper is ready to assist you in your journey to becoming a homeowner. Mr. Cooper in Katy can be your home loan ally, whether you're searching for a conventional home loan, a Federal Housing Administration loan (FHA), or a VA loan. You can do so much with Mr. Cooper in Katy — including learn more about mortgage rates, credit scores, and budgeting.
We understand that getting a mortgage can seem puzzling, and even more so when you're a first-time home buyer in Katy, TX. Give us a call to see how it applies to you. In the meantime, here’s what you need to know.
Conventional loans are a popular choice for Katy home buyers and are actually one of the most common mortgage options. The federal government does not insure these loans. Instead, conventional loans are backed by private lenders like Mr. Cooper. Some advantages of a conventional loan could include numerous term lengths and agreeable interest rates.
FHA is another home loan type that may be available to you as a Katy home buyer. FHA loans, or Federal Housing Administration loans, are backed by the government. An FHA loan can have more flexible credit requirements and typically allows for a lesser down payment than a conventional loan. Ask Mr. Cooper about FHA loan requirements in Katy today.
Only service members, veterans, and their spouses can receive a VA home loan. If you're trying to buy a home in Katy as a veteran, surviving spouse, or an active-duty service member, you could qualify for a VA loan. At Mr. Cooper, it's our honor to help our nation's veterans, active-duty service members, and their families realize their dreams of home ownership. Since this loan option is so unique, we invite you to call Mr. Cooper to learn more about qualifying for a VA loan in Katy. Get Started
Refinance Your Home Loan in Katy with Mr. Cooper
In addition to new home loans, Mr. Cooper also offers mortgage refinancing in Katy. Refinancing a home loan is simple. It means you pay off your existing home loan and replace it with a new one that's a better fit for your financial situation. The new loan might come with a more favorable interest rate, a shorter loan term, or both. A majority of the time, the purpose of refinancing is to secure a lower interest rate and decrease your monthly payment (so you can spend more time and money making your Katy home just the way you want it!).
Similar to how there are different options for new home loans, there are also different options for refinancing. There's refinancing to get a more favorable interest rate or loan term. Cash-out refinancing is another option.† It allows homeowners who want to leverage their home's equity as cash to invest in things like college tuition or home improvements. Cash-out refinancing can also be a method for debt consolidation, since you can also use equity from your home to tap into cash and pay down credit card debt, medical bills, or auto loans.^ Mr. Cooper in Katy can help you learn more about refinancing and choose the right refinance option for your situation.
Buying or Selling a Home in Katy with Mr. Cooper
Getting ready to buy a home in Katy, TX? Then you'll probably want to get prequalified for a home loan — along with some professional guidance for how to buy a house in Katy. The real estate market in Texas is always changing, and Mr. Cooper mortgage professionals are equipped with the most up-to-date information. Your Mr. Cooper mortgage professional can help smooth out the home-buying process in a couple of 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 Katy and introduce you to our affiliate to find a dependable real estate agent.* Last but not least, Mr. Cooper can help you secure a home loan that aligns with your financial situation and accelerates your home ownership journey. From open house to closing day, Mr. Cooper is your ally.
Are you researching how to sell a house in Katy, TX? Turn to Mr. Cooper for help. We're aware of the challenges that come with selling a home in Katy, whether you're trying to sell a home for the first or fifteenth time. As a seller, you'll get comprehensive marketing and sales service at a great value. And as a buyer, you could be eligible for a special credit at closing and gain access to thousands of listings.** Ask about the Mr. Cooper Real Estate Rewards program in Katy to learn more.
Mr. Cooper is here to be your advocate on your homeowner journey. Give us a call for more information about refinancing, home loans, and selling or buying a house in Katy. We're your ally.
- The Purchase Pro program is not available in AK, IA, KS, LA, MS, MO, OK, OR and TN.
- ** Listing commissions may vary by transaction and through negotiation.
- Mr. Cooper Real Estate Rewards is a service mark of Nationstar Mortgage LLC.