Have You Met Mr. Cooper in Lexington, 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 officially became "Mr. Cooper" in late 2017. Before that, you may have known us as Nationstar Mortgage in Virginia. This move went beyond a basic name change. We adjusted our business for the better. For one, we got rid of all online transaction fees. We also reinvigorated the customer experience and added more services so you get great support whether you're buying, shopping, or just living in your home. Then and now, you are our top priority.
Why Choose Mr. Cooper Mortgages in Lexington, 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 Lexington 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 Lexington — including learn more about mortgage rates, credit scores, and budgeting.
We understand that getting a mortgage can seem puzzling, particularly when you're a first-time home buyer in Lexington, VA. Mr. Cooper can explain how everything applies to your situation. Just give us a call and through our Mr. Cooper® Agent Assurance program, we'll get you hooked up with a real estate agent you click with. Until then, here's what you need to know to get started.
Conventional loans are one of the most common and popular mortgage options for home buyers in Lexington. These loans are not federally insured. The government backs other home loan types, while private lenders like Mr. Cooper back conventional loans. Some advantages of a conventional loan might include numerous term lengths and agreeable interest rates.
FHA is another home loan type that may be available to you as a Lexington home buyer. FHA loans, or Federal Housing Administration loans, are backed by the government. FHA loans are known for having more flexible credit qualifications and lesser down payments than conventional loans. Learn more about FHA loan requirements in Lexington with Mr. Cooper.
VA home loans aren't available to everyone. You must be an active duty service member, a veteran, or a surviving spouse of a veteran to apply. If you're trying to buy a home in Lexington as a veteran, active-duty service member, or surviving spouse, you could be eligible for a VA loan. At Mr. Cooper, it's our privilege to serve veterans and help them 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 Lexington. Get Started
Refinance Your Home Loan in Lexington with Mr. Cooper
Besides new home loans, Mr. Cooper also provides mortgage refinancing in Lexington. 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 may have a shorter loan term, a better interest rate, or both. A majority of the time, the objective of refinancing is to obtain a lower interest rate and decrease your monthly payment (so you can spend more money on making memories and building a life in your Lexington home!).
Similar to how there are different options for new home loans, there are also different options for refinancing. One option is to refinance to get a better interest 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 home improvements or college tuition.† 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 medical bills, car loans, or credit card debt.^ Whatever your situation, Mr. Cooper in Lexington can help you learn more about refinancing and choose the right refinance option.
Buying a Home in Lexington with Mr. Cooper
Buying a house in Lexington, VA? Then you may want to start by seeking professional guidance for how to buy a house in Lexington and get prequalified for a mortgage in Lexington. 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. Then, we can walk you through getting prequalified to buy a home in Lexington. For help getting connected to a real estate agent, you can trust the Mr. Cooper® Agent Assurance program. Lastly, Mr. Cooper can help you secure a home loan that meets your financial needs and furthers your journey toward home ownership. Think of Mr. Cooper as your ally, from home search to closing on your loan.
Contact Mr. Cooper Customer Service for Help in Lexington, VA
As your partner in the homeownership journey, we remain committed to serving you. So feel free to reach out to Mr. Cooper customer service in whatever way is most convenient for you. Send an email, call, sign in to our secure online messaging service, or message us through a social media channel like Facebook. You can even send us a letter. Connecting with Mr. Cooper is simple, whether you need to let us know you've received 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
We’ve covered all the bases when it comes to the Lexington home buying journey, so hitting a “home run” is easier than ever. 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 Lexington 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.* We'll even pay for a local move of up to 50 miles when you use Mr. Cooper for your next home loan.**
- † 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.