Recasting a mortgage happens when you put down a lump-sum payment toward the principal balance and the lender re-amortizes the loan. Since you are paying down your principal by a large amount, your monthly payment will be lowered, but your interest rate and loan t...

Learn what recasting a mortgage means, how to do it, and what are the benefits and drawbacks. Recasting a mortgage lowers your monthly payment by paying down the principal, but does not c...

Learn six tips to pay off your mortgage faster, including recasting your loan. A recast is a lump sum payment that lowers your monthly payment and may help you pay off your mortgage early.

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.

Should I pay extra toward my principal? Describes amortization schedule, where to view yours, and how to calculate changes.

What is mortgage assistance? 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. What kind of assistance options are available...

Explore Refinance Options. Refinancing doesn’t have to be difficult. Our experts make the process quick & easy. Learn More. Watch & Learn. Our mortgage experts break down important tips & topics. Watch Now. Quick Links. When can I remove PMI from my loan? Why did my payment change?...

https://www.mrcooper.com/help-center/search?q=amorization+schedule&source=global. Learn what an amortization schedule is, where to find it in your online account, and how to request one if you don't see it. Also, see how extra payments can affect your amortiza...

Solutions may include, but are not limited to: refinancing; repayment plans; loan modification; short sale; and. Deed in Lieu of Foreclosure. Complete a mortgage assistance application online now and let us know what’s going on. We’ll help you determine a plan of action and next st...

Mortgage Assistance - Mr. Cooper. https://www.mrcooper.com/help-center/mortgage-assistance. 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 m...