Have You Met Mr. Cooper in Elkton, VA?
We're a Virginia home loan company that puts people first, not piles of paperwork. As our business has evolved over the years, our company name has, too. We adopted the name "Mr. Cooper" in August 2017. You may have previously known us as Nationstar Mortgage in Virginia. This move went beyond a basic name change. We changed the way we did business for the better. For one, we ended all online transaction fees. We even revamped the customer experience and added more services so you get great support whether you're buying, shopping, or just living in your home. We are here to serve you, both then and now.
Why Choose Mr. Cooper Mortgages in Elkton, VA?
Looking to become a homeowner? It's the perfect time to do so. 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 Elkton 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. You can do so much with Mr. Cooper in Elkton — 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 Elkton, VA. Call a Mr. Cooper mortgage professional for one-on-one guidance. We'll even help you get connected with a real estate agent you trust through Mr. Cooper® Agent Assurance. In the meantime, here’s what you need to know.
Conventional loans are one of the most common and popular mortgage options for home buyers in Elkton. The federal government does not insure these loans. 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 may include numerous term lengths and agreeable interest rates.
FHA is another home loan type that may be available to you as a Elkton 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 Elkton today.
Only service members, veterans, and their spouses can receive a VA home loan. If you're trying to buy a house in Elkton and you're 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. Because this type of home loan is so unique, we encourage you to call Mr. Cooper for more information about VA loans in Elkton. Get Started
Mr. Cooper Mortgage Refinancing in Elkton, VA
Mr. Cooper offers mortgage refinancing in Elkton in addition to new home loans. 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 may have a shorter loan term, a better interest rate, or both. A majority of the time, the goal of refinancing is to secure a lower interest rate and decrease your monthly payment (so you can spend more time and money making your Elkton 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. For one, you can refinance for a more favorable loan term or interest rate. 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. 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 Elkton to learn more about refinancing today.
Buying a Home in Elkton with Mr. Cooper
Are you ready to buy a house in Elkton, VA? Then you'll probably want to look into getting prequalified for a mortgage in Elkton and seek professional assistance for how to buy a home in Elkton. Despite Virginia's ever-changing real estate market, Mr. Cooper mortgage professionals are always equipped with the latest insights. Mr. Cooper mortgage professionals will help simplify your home-buying experience in a few ways: First off, we can help you calculate how much house you can afford to buy. Then, we can help you get prequalified to buy a home in Elkton. If you're in need of a real estate agent, we can help get you connected through the Mr. Cooper® Agent Assurance program. Lastly, Mr. Cooper can help you get a home loan that satisfies your financial needs and furthers your journey toward home ownership. Consider Mr. Cooper your ally, from open house to closing day. [content-title-10] Turn to Mr. Cooper Customer Service in Elkton, VA
Need Help? Contact Mr. Cooper Customer Service in Elkton, VA
We're here to walk alongside you in your homeownership journey and remain dedicated to serving you. So feel free to reach out to Mr. Cooper customer service in whatever way is most convenient for you. Call, sign in to our secure online message center, send an email, message us on our social media channels, or send us a letter in the mail. Connecting with Mr. Cooper is simple, whether you need to notify us that you've been awarded property through a divorce, become a successor in interest for a Mr. Cooper loan, make a payment, or ask a quick question.
RightMove Resources for Mr. Cooper Clients
You've found your all-in-one-toolkit for the home buying journey in Elkton with Mr. Cooper. Our Agent Assurance program connects you with a local agent who you feel confident working with from day one. StreetSmarts puts the latest home listings in Elkton right in your hands so you don't have to worry about missing your dream home. And if you don't close on that dream home on time, our Close On Time Guarantee means your first month's mortgage payment (principal and interest) is on us.* Make a local move of up to 50 miles and Mr. Cooper will even pay for your move.** That’s what we like to call friends helping friends.
- † 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.