Strongly not recommended
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Where does Mr. Cooper do business?
Mr. Cooper is a direct lender based in Dallas, TX. The company was founded in 2017 and offers mortgage refinancing to borrowers in 50 statess across the USA (and Washington, DC).
What is the maximum loan term for a mortgage refinance via Mr. Cooper?
The term of a mortgage refinance will determine the cost of your monthly payments. Longer terms will typically reduce your monthly payments but it will also increase the interest you pay. Mr. Cooper offers mortgages refinancing with terms ranging from 10 to 30 years.
Does Mr. Cooper charge a mortgage origination fee?
Yes, Mr. Cooper may charge a loan origination fee.
Does Mr. Cooper charge prepayment fees?
Yes, Mr. Cooper charges additional fees to borrowers who pay off their home loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment fees can reduce or even cancel the interest savings of repaying a loan early.
What mortgage programs does Mr. Cooper offer?
Mr. Cooper offers the following mortgage programs:
- Conventional mortgages
- FHA 203k
What property usage types does Mr. Cooper allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Mr. Cooper allows the following property usage types:
- Primary home
- Secondary homes and vacation properties
8950 Cypress Waters Blvd.
Dallas, TX 75019 USA
- Visit Site
Other Services by Mr. Cooper
- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia