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.

If you want to transfer ownership of your property into a Trust or to your spouse/children, you’ll need to notify Mr. Cooper and provide one or more of the following documents: Deed – This document is used to validate that you are an owner of the property.

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.

https://www.mrcooper.com/help-center/search?q=assumption&source=help%2Fsearch Learn how much home you can qualify to purchase by getting pre-approved for a mortgage loan. If you’ve already found the right home, a Verified Approval is what you’ll want!

There are 2 ways to remove a spouse’s name from the mortgage: Release of liability – You can ask your lender for a release of liability. This is a document that releases a borrower from their obligation to pay back the loan.

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.

If you have been awarded the property through a divorce or legal separation and want to be authorized to obtain loan information, please submit a Divorce Decree or Legal Separation Agreement (signed by a judge) to the following: Note: Not every state allows legal separations. Consult...

Another alternative to foreclosure is called Deed in Lieu of Foreclosure (DIL). DIL means that you voluntarily transfer ownership of your home to your lender, the lender terminates the loan, and the remaining balance due is forgiven.

No other terms of your mortgage are changing. As of 6/30/2023, LIBOR is being replaced with a new index called Secured Overnight Financing Rate (SOFR). Additional info...

It is very common for mortgage loans to be sold between servicers. Hundreds of thousands of loans change hands in this way every year. At Mr. Cooper, we’re determined to set a new industry standard for personal attention and customer satisfaction. We’ll do everything possible to ma...