You are required to have enough insurance to cover the lower of either the replacement cost of the home or the remaining principal balance on your loan.

Mortgage assistance is a general term that covers a variety of programs and solutions intended to help homeowners who are experiencing financial difficulty and having trouble making their mortgage payment.

Organize Your Priorities From fixer-uppers to new construction, it’s time to see what the market has to offer Check Out Homes in Person Once you have a checklist of everything you want in a home, it’s time to start touring properties

When viewing a home, be thorough. Test AC & Heating systems, outlets, showers & toilets, and all appliances. Don’t forget to check on warranties. Take notes of repairs or upgrades you’ll have to consider if you decide to buy the home. Here are 6 common house-hunting priorities: 1. ...

Each loan option is made up of 3 elements: 1. Loan Term. This represents how long you have to repay your loan. The most common loan terms are 30 years and 15 years, but there may be other durations depending on your loan type and other factors.

Learn how to contact Mr Cooper by chat, message, phone, mail or social media if you have a problem with your mortgage. ... Call us at 833 - 685 - 2566. Find the phone number for Mr. Cooper customer service, payoff quotes, and other inquiries.

Payoffs must be made via certified funds—wire transfer, money order, or cashier’s check. Please do not send personal checks, certified personal checks, or cash. Your payoff quote statement will include all of the information you need about our receiving bank for wires. Note: We sugge...

We’ll send you an Escrow Review Statement that explains the results of the escrow analysis. Your statement will inform you whether your monthly payment is going up or going down in the year ahead, based on this year’s tax and insurance payments.

What is an escrow account? An escrow account is where funds are held to pay property tax and insurance bills on your behalf. If your loan is escrowed, a part of your mortgage payment goes into your escrow account every month. Why did my monthly payment change?

Use our mortgage calculators to find a monthly mortgage payment that makes you feel comfortable. You can plug in the numbers to find your ideal price range, get a sense of your monthly mortgage payment amount, and identify how much you can—and should—borrow.