Have You Met Mr. Cooper in Elk Plain, WA?
We're a home loan company in Washington that values people over paperwork. But you might not have always known us by the name, "Mr. Cooper." We adopted the name "Mr. Cooper" in August 2017. Before that, you may have known us as Nationstar Mortgage in Washington. It was more than a simple name change. We adjusted our business for the better. How? First off, we eliminated all online transaction fees. We also enhanced the customer journey 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 Elk Plain, WA?
Let's make your home ownership dreams a reality. As one of the nation's largest home loan servicers, Mr. Cooper is equipped to guide you through the home ownership process. Whether you want to learn more about conventional home loans, Federal Housing Administration loans (FHA), or VA loans, you can turn to Mr. Cooper. Mr. Cooper in Elk Plain can help you do so much — even learn more about your credit score and finances in general.
We know getting a mortgage can feel overwhelming, particularly when you're a first-time home buyer in Elk Plain, WA. 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. Here's what you need to know in the meantime.
Conventional loans are a popular choice for Elk Plain 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 numerous term lengths and agreeable interest rates.
Depending on your situation, you may want to consider another type of home loan that's available to many Elk Plain home buyers. It's called FHA. 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. Reach out to Mr. Cooper today to learn about FHA loan requirements in Elk Plain.
VA home loans are only available to service members, veterans, and their spouses. If you're trying to buy a home in Elk Plain 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. 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 Elk Plain. Get Started
Refinance Your Home Loan in Elk Plain with Mr. Cooper
Besides new home loans, Mr. Cooper also provides mortgage refinancing in Elk Plain. 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 might come with a more favorable interest rate, a shorter loan term, or both. Most of the time, the objective of refinancing is to get a lower interest rate and cut down your monthly payment (so you can spend more time and money making your Elk Plain 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. 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 college tuition or home improvements. Cash-out refinancing can also be a method for debt consolidation, since you can also use equity from your home to tap into cash and pay down car loans, credit card debt, or medical bills.^ Whatever your situation, Mr. Cooper in Elk Plain can help you learn more about refinancing and choose the right refinance option.
Buying a Home in Elk Plain with Mr. Cooper
Buying a house in Elk Plain, WA? Then you'll probably want to look into getting prequalified for a mortgage in Elk Plain and seek professional assistance for how to buy a home in Elk Plain. Washington's real estate market ebbs and flows. Despite the constant change, Mr. Cooper mortgage professionals always have the most up-to-date insights. How can a Mr. Cooper mortgage professional help streamline your home-buying journey? We can help in a few 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 Elk Plain. We can also help you get connected with a real estate agent through the Mr. Cooper® Agent Assurance program. Lastly, Mr. Cooper can help you secure a home loan that meets your financial needs and advances your dream of being a homeowner. Think of Mr. Cooper as your ally, from home search to closing on your loan.
Contact Mr. Cooper Customer Service for Help in Elk Plain, WA
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. Send an email, call, sign in to our secure online messaging service, drop a note in one of our social media channels, or put a letter in the mail. Getting in contact with Mr. Cooper can be easy, whether you need to notify us that you've been awarded property through a divorce, check out refinancing options, ask a question, or become a successor in interest for a Mr. Cooper loan.
RightMove Resources for Mr. Cooper Clients
We’ve covered all the bases when it comes to the Elk Plain 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 keeps you in-the-know on the latest listings, so you don’t have to stress over missing your shot at 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.* Use Mr. Cooper for your next home loan and we’ll even pay for a local move of up to 50 miles.**
- † 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.