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 terms will rema...

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

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.

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.

Homeowner Assistance Fund (HAF) is a government-sponsored initiative managed by the Department of Treasury to offer assistance for homeowners impacted by the COVID-19 Pandemic that began in 2020. Note: The application process is handled by each state.

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.

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 steps based upon your circumstances. You can also contact us if you have questions or need to speak with an agent. What mortgage assistance is ava...

If it’s getting harder to make your payments but you haven’t fallen behind yet, you may have a simple, effective option: Refinancing your mortgage to one with a lower monthly payment. To refinance as part of a mortgage assistance plan, your account needs to be current for the p...

Recasting a mortgage happens when you put down a lump-sum payment toward the principal balance and the lender re-amortize... Learn how to recast your mortgage and lower your monthly payment by making a lump-sum payment toward the principal balance. Find out the eligibility requirem...

Refinancing doesn’t have to be difficult. Our experts make the process quick & easy. Our mortgage experts break down important tips & topics. When can I remove PMI from my loan? Why did my payment change? Where can I find my monthly statement? How do I setup paperless statement...