Prequalify for a Mortgage in Utah 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 equipped to guide you through the home ownership process. Mr. Cooper in Utah 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. Mr. Cooper in Utah 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, and even more so when you're a first-time home buyer in Utah. Give us a call to see how it applies to you. Until then, here's what you need to know to get started.
Conventional loans are a popular choice for Utah home buyers and are actually one of the most common mortgage options. These are loans that are not insured by the federal government. Private lenders like Mr. Cooper back conventional loans, where the government backs other home loan types. A couple of key benefits of a conventional loan might include favorable interest terms and various term lengths.
FHA is another home loan type that may be available to you as a Utah home buyer. FHA loans are also called Federal Housing Administration loans. They're backed by the U.S. government. An FHA loan can have more flexible credit requirements and typically allows for a lesser down payment than a conventional loan. Reach out to Mr. Cooper today to learn about FHA loan requirements in Utah.
VA home loans are only available to service members, veterans, and their spouses. If you're trying to buy a home in Utah as an active-duty service member, a veteran, or a surviving spouse, you may be eligible 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 Utah. Get Started
Refinance Your Home Loan in Utah with Mr. Cooper
In addition to new home loans, Mr. Cooper also offers mortgage refinancing in Utah. Refinancing your home loan means that you pay off your current home loan and replace it with a new one that can better meet your financial needs. The new loan could come with a shorter loan term, a more favorable interest rate, or both. Most of the time, the purpose of refinancing is to obtain a lower interest rate and reduce your monthly payment (so you can spend more money on making memories and building a life in your Utah home!).
Like new home loans, there are a couple of different ways to refinance. There's refinancing to get a more favorable interest rate or loan term. Another option is cash-out refinancing.† This option lets homeowners leverage the equity they've built in their house as cash to pay for things like home remodeling or higher education. 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 credit card debt, medical bills, or auto loans.^ The right refinance option is a phone call away. Contact Mr. Cooper in Utah to learn more about refinancing today.
Buy or Sell a House in Utah with Mr. Cooper's Help
Getting ready to buy a home in Utah? Then you'll probably want to get prequalified for a home loan — along with some professional guidance for how to buy a house in Utah. Utah's real estate market ebbs and flows. Despite the constant change, Mr. Cooper mortgage professionals always have the most up-to-date insights. Your Mr. Cooper mortgage professional can help smooth out the home-buying process in a couple of ways: First, we can help you estimate how much house you can afford. Then, we can walk you through getting prequalified to buy a home in Utah and connect you with our affiliate to help find a reliable real estate agent.** Last but not least, Mr. Cooper can help you secure a home loan that meets your financial needs and advances your dream of being a homeowner. From open house to closing day, Mr. Cooper is your ally.
Selling a house in Utah? Mr. Cooper has your back there, too. We know the obstacles that come with selling a house in Utah, particularly if it's your first time doing it. Mr. Cooper can connect you to expert team members and resources through our affiliate that can offer quality benefits and guidance related to commissions and closing costs. 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 Utah to learn how you could save as either a home seller or buyer in Utah!
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 Utah. 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.