A verification of mortgage (VOM) is an official statement that verifies your existing loan terms and provides a rating of the payment history, including if the loan was current or delinquent for each month listed. It reflects only the most recent 12 months of your loan, exclu...

Earn thousands in cash when you buy, sell, or both with Mr. Cooper. A cash-out refinance give you options. Consolidate high-interest debt, upgrade your living space, and more.* We'll help you explore interest rates and terms with the goal of reducing your monthly payments.

Refinance – The only other option is to refinance the mortgage. When you do this, the spouse remaining on the mortgage needs to qualify for the new loan using only their income and assets.

You may be able to receive cash by leveraging home equity through a refinance. Do you need cash for home improvements, a college education, or to consolidate non-mortgage debt? Do you have substantial equity in your home? Consider refinancing it and getting cash back.

What kind of assistance options are available if I cannot pay my mortgage? Your options may include refinancing, repayment plans, and loan modification.

Earn thousands in cash when you buy, sell, or both with Mr. Cooper. A cash-out refinance give you options. Consolidate high-interest debt, upgrade your living space, and more.* We'll help you explore interest rates and terms with the goal of reducing your monthly payments.

If you’re facing a long-term hardship, we can review you for a loan modification to determine if more manageable terms are available. While refinancing means replacing your existing loan with a new one, loan modification keeps your existing loan and changes its terms.

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.

You may be able to receive cash by leveraging home equity through a refinance. Do you need cash for home improvements, a college education, or to consolidate non-mortgage debt? Do you have substantial equity in your home? Consider refinancing it and getting cash back.

While refinancing means replacing your existing loan with a new one, loan modification keeps your existing loan and changes its terms. If you qualify for a loan modification, some potential ways to reduce your monthly payment would be through lowering your interest rate or extendin...