Discount points,* or mortgage points, are mortgage terms to know if you want to reduce your interest rate. They are a type of prepaid interest or fee borrowers pay for a lower interest rate. One discount point will typically cost you 1% of your loan amount and reduce a borrower’s...

Here are the key elements included in your monthly statement, along with a visual guide to help you locate them: 1. Statement Information. This is your basic information, like the date your statement was generated, loan number, amount due, and payment due date. 2. Explanation o...

Discount points,* or mortgage points, are mortgage terms to know if you want to reduce your interest rate. They are a type of prepaid interest or fee borrowers pay for a lower interest rate.

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.

Change the payment amount, bank account, or payment date in your AutoPay settings online at any time. New settings will take effect immediately, unless there’s already a draft scheduled within the next 24 hours.

What Is a Pre-Approval? It’s a letter from a lender that indicates the type and amount of loan you may qualify for. It gives you a solid idea of how much you qualify for to help you target a specific price range when home shopping. Mr. Cooper offers a simple, fast, and free Pre-A...

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.

View, download, or print your account statements.

Mortgage points, or discount points, are an extra fee that you can pay in exchange for a lower interest rate. Homeowners who plan on keeping a house for a longer period might choose to buy points because the lower rate will save money in the long term. What are mortgage points....

Most use credit reports from the three primary credit bureaus (Experian, Transunion, and Equifax) to evaluate your credit score. Generally, homebuyers with higher credit scores qualify for lower interest rates. You can claim a free copy of your three credit reports every 12 months fr...