Why Choose Mr. Cooper Mortgages in Ashburn, VA?
Ready to make your home ownership dreams come true? Let's do it. As one of the nation's largest home loan servicers, Mr. Cooper is ready to support you throughout your journey to home ownership. Mr. Cooper in Ashburn can be your home loan ally, whether you're looking for a conventional home loan, a Federal Housing Administration loan (FHA), or a VA loan. Mr. Cooper in Ashburn 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, especially if you're a first-time home buyer in Ashburn, VA. 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 mortgage option for Ashburn home buyers. The federal government does not insure these loans. The government backs other home loan types, while private lenders like Mr. Cooper back conventional loans. Some benefits of a conventional loan may include numerous term lengths and agreeable interest rates.
FHA is another home loan type that may be available to you as a Ashburn home buyer. FHA loans are also called Federal Housing Administration loans. They're backed by the U.S. government. When compared to a conventional loan, an FHA loan generally has less restrictive credit requirements and often allows for a lesser down payment. Ask Mr. Cooper about FHA loan requirements in Ashburn today.
Only service members, veterans, and their spouses can receive a VA home loan. If you're getting ready to buy a home in Ashburn and are a veteran, surviving spouse, or an active-duty service member, you could qualify for a VA loan. At Mr. Cooper, we support our country's veterans, active-duty service members, and their families. It's our privilege to help every one of them become homeowners. Due to the uniqueness of this home loan option, we encourage you to call a Mr. Cooper mortgage professional to learn more about VA loans in Ashburn. Get Started
Mr. Cooper Refinancing in Ashburn
Besides new home loans, Mr. Cooper also provides mortgage refinancing in Ashburn. Refinancing your home loan simply means paying off your current home loan and replacing it with a new one that better suits your financial needs. The new loan could come with a shorter loan term, a more favorable interest rate, or both. Generally speaking, the purpose of refinancing is to obtain a lower interest rate and decrease your monthly payment (so you can invest more money in making memories in your Ashburn house!).
There are a few different ways you can refinance your home loan. One option is to refinance to get a better interest 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 improvements or college tuition.† This type of refinancing also allows for debt consolidation, since you can use equity from your home to tap into cash and pay down medical bills, car loans, or credit card debt.^ The right refinance option is a phone call away. Contact Mr. Cooper in Ashburn to learn more about refinancing today.
Selling or Buying a House in Ashburn with Mr. Cooper
Are you ready to buy a house in Ashburn, VA? Then you'll probably want to look into getting prequalified for a mortgage in Ashburn and seek professional assistance for how to buy a home in Ashburn. Virginia'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’ll help you determine how much house you can realistically afford to purchase. Next, we can help you prequalify for a mortgage in Ashburn. Finally, Mr. Cooper can help you secure a home loan that aligns with your financial situation and furthers your journey toward home ownership. Consider Mr. Cooper your ally, from open house to closing day.
Selling a house in Ashburn, VA? Mr. Cooper can help you there, too. We're aware of the difficulties that come with selling a home in Ashburn, especially when you're trying to do it for the first time.
Mr. Cooper is here to help you on your journey to home ownership. Call today for more information about refinancing, home loans, and selling or buying a house in Ashburn. We’ve got your back.
- † A cash‐out refinance increases your mortgage debt and reduces the equity you may have in your home. Your monthly mortgage payments may be higher.
- ^ A debt consolidation refinance increases your mortgage debt, reduces equity, and extends the term on shorter‐term debt and secures such debts with your home. The relative benefits you receive from debt consolidation will vary depending on your individual circumstances. You should consider that a debt consolidation loan may increase the total number of monthly payments and the total amount paid over the term of the loan. To enjoy the benefits of a debt consolidation loan, you should not carry new credit card or high interest rate debt.