Types of Mr. Cooper Home Loans in Burien, WA
Mr. Cooper is here to walk alongside you in your homeownership journey in Burien, WA. As the nation's third-largest home loan servicer and a top-20 home lender, we have decades of experience to help you evaluate your loan options and solidify your home buying plan.
A Mr. Cooper mortgage professional can design a custom strategy that will help you tackle the home loan process with confidence. We can help you figure out what today's mortgage rates are in Burien, how much house you can afford, and also get prequalified for a mortgage in Burien. Our mortgage professionals get to know your unique financial and living situation to come up with a strategic plan for securing the best mortgage for your needs. Keep reading to learn more about different home mortgages and contact Mr. Cooper in Burien to take the first step toward reaching your goal. You could prequalify for a mortgage in no time. Get Started
Do You Qualify for an FHA Loan in Burien, WA?
If you’re looking for a loan with flexible credit requirements and a potentially lower down payment, a Federal Housing Administration (FHA) loan may be a good option for you. This government-insured loan type is behind nearly 1 in 5 of all homebuyers. The loan program is primarily designed to help homebuyers who cannot afford the traditional 20% down payment that is often required by private lenders. The down payment can be as low as 3.5%, which is a great fit for many buyers who aren't eligible for a conventional loan.
Around Burien, Mr. Cooper has seen FHA loans surge in popularity at the same time as student loan debt and rental prices — two things that can make it tough to save enough money for a down payment. FHA loans can also be accessible to borrowers with less than perfect credit scores. Wherever you are on your journey, Mr. Cooper can walk you through the ins and outs of FHA loans and figure out the best financing option for your needs.
Could You Get a VA Loan in Burien?
America's service men and women, veterans, and their spouses deserve the absolute best. If you think you might be eligible for a VA loan, Mr. Cooper can lend our expertise in helping you get qualified for a VA home loan in Burien. Connect with Mr. Cooper if you're looking to buy a home in Burien and want to learn more about VA loans. This type of financing has many benefits and can make the home buying process simpler. Interest rates are often significantly lower than the broader mortgage market. You may not be required to put down a down payment, either. Checking your VA eligibility for a VA loan in Burien is quick and easy with a Mr. Cooper professional guiding you through the application process.
Mr. Cooper Also Offers Jumbo Loans in Burien
Jumbo loans are a good match for many homebuyers in Burien. A jumbo loan, or a jumbo mortgage, exceeds the limits of a conventional loan. Jumbo loans are designed to help people refinance or buy higher-valued real estate and are often millions of dollars. If you'd like to use a jumbo loan to buy a home in Burien, you will most likely require a larger loan amount that surpasses conventional loan limits. Contact Mr. Cooper for more information on jumbo loan eligibility in Burien.
Buy a House in Burien with Help from Mr. Cooper
Mr. Cooper's team of mortgage professionals is ready to guide you through your home buying journey in Burien. However, we know that looks different for everyone. Some people are only interested in knowing today's mortgage rates in Burien. Others want to learn how to get preapproved for a mortgage loan in Burien. While others are ready to speed through the loan application process and close on a home tomorrow! No matter what you're looking for, Mr. Cooper's home buyer program in Burien can help you find it. Talk to a mortgage professional today.
- This is not a commitment to lend. All loans are subject to credit and property approval. This offer is nontransferable and may not be combined with any other mortgage offer. Advertised offer is subject to change. If a personal code is present on the advertised offer, you must provide such code to claim the offer. We may gather information about you including, but not limited to, credit bureau information, information for verification of income, information for appraisal and verification of property being used for collateral. We also verify your identity. Income, assets, and debt must meet eligibility requirements as established by Government and/or Lender guidelines.