Learn About Home Loans in Tacoma, WA
Mr. Cooper here to ally with you in Tacoma, WA as you plan your next home purchase. As the third-largest home loan servicer and a top-20 home lender in the country, we have the background to help you understand your loan options and finalize 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 everything from how much house you can afford to what today's mortgage rates are in Tacoma. Our mortgage professionals will evaluate your unique financial and living situation and will come up with a recommended plan for the best mortgage options that fit your needs. Learn more about various home mortgages below and call one of Mr. Cooper's mortgage professionals in Tacoma to start your journey. You can begin the pre-qualification process today. Get Started
Are You Eligible for an FHA Loan in Tacoma, WA?
If you're searching for a loan with a potentially lower down payment and flexible credit requirements, you might want to consider a Federal Housing Administration (FHA) loan. 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.
In the Tacoma area, Mr. Cooper has watched FHA loans rise in popularity alongside increases in student loan debt and rental costs — two factors that can make it hard to save money for a large down payment. Another perk to FHA loans is that they're usually available to borrowers with lower credit scores. Wherever you are on your journey, Mr. Cooper can help you weigh the pros and cons of FHA loans and determine the best financing route for you.
Could You Get a VA Loan in Tacoma?
This nation's service men and women, veterans, and their spouses deserve nothing but the best. If you think you may be eligible for a VA loan, Mr. Cooper can share their knowledge to help you get approved for a VA home loan in Tacoma. Connect with Mr. Cooper if you're looking to buy a home in Tacoma and want to learn more about VA loans. This loan type can make the home buying process much easier in a couple of ways. Many times, interest rates are substantially lower than the rest of the mortgage market. You may not be required to put down a down payment, either. Confirming your VA eligibility for a VA loan in Tacoma is fast and simple with a Mr. Cooper professional walking you through the application process.
Mr. Cooper Simplifies Jumbo Loans in Tacoma, Too
Jumbo loans are another option for some homebuyers in Tacoma. 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're curious about using a jumbo loan to buy a house in Tacoma, you'll probably need larger loan amounts that surpass conventional loan limits. Contact Mr. Cooper for more information on jumbo loan eligibility in Tacoma.
Mr. Cooper Can Help You Buy a Home in Tacoma
Mr. Cooper's family of mortgage professionals is ready to help you buy a house in Tacoma. But we know that doesn't mean the same thing to everyone. Some people are only interested in knowing today's mortgage rates in Tacoma. Others want to get preapproved for a mortgage in Tacoma. While others are ready to speed through the loan application process and close on a home tomorrow! Mr. Cooper's home buyer program in Tacoma exists to make your dreams a reality. Contact 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.