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.

Traditional Home Sale Explains how a traditional home sale can help the borrower sell the home when there is equity available HUD Counseling An alternative method of mortgage assistance Homeowner Assistance Fund Provides information on an additional resource for homeowners Unempl...

Imagine this: You find a home you love, you make the best offer, and it gets accepted!

When a disaster strikes your home, your insurance company may issue an insurance claim check, which can also be called loss draft funds. A claim check is meant to cover various costs, including repairs.

At Mr. Cooper we run an escrow analysis at least once a year around the same time, depending on the state where your property is located.. It focuses on these areas: Your escrow account balance, monthly payment amount, and minimum required balance.; The recent tax and insurance payme...

You should get a sense of how much expertise the agent has to navigate the current market and that their experience fits your specific needs. You may also want to understand their local or neighborhood knowledge and whether they specialize in certain types of real estate transactions...

Learn how much home you can qualify to purchase by getting pre-approved for a mortgage loan

Learn how much insurance you need to cover your home and loan, and which types of insurance are required or optional for your property. Find out how to pay for insurance through your escrow account and what to do if you live in a high-risk area.

Provides video instruction on how to make an online payment. You can also make a one-time payment through your online account.. Check out our Smart Calendar for important information about your due date, grace period, and more.

When We’ll Pay Your Property Taxes Advises when property taxes are paid from your escrow account Sending Property Tax Bills When property tax bills need to be sent to Mr. Cooper Issues with Your Property Taxes How to notify Mr. Cooper of property tax issues Real Estate Tax Exemption ...