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.

With Mr. Cooper’s Digital Loan Tracker, you can view real-time progress updates on your application status, upload financial documents, e-sign disclosures, and access mortgage professionals. All final documents are signed in person with a notary, title company, or attorney.

What documents will I need when I apply for mortgage assistance? The document requirements will be unique to you. The mortgage assistance application lists all required documentation.

Know Your Mortgage Loan Options. Each loan option is made up of 3 elements: Loan Term. Interest Rate Type. Loan Type. 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 duratio...

If your loan is escrowed, we’ll pay the taxes around 10 business days prior to the date penalty and interest amounts will begin to accrue. We’ll let you know when that happens.

In the days leading up to closing day, your lender will send you a Closing Disclosure, which outlines what you need to pay at closing and summarizes your loan details. You’ll also need to share various mortgage documents required by your lender.

Applying for Mortgage Assistance. You can quickly apply for mortgage assistance online. If you’d prefer to mail or fax your application—or if you don’t have an online account—you can download it here.

With Mr. Cooper’s Digital Loan Tracker, you can view real-time progress updates on your application status, upload financial documents, e-sign disclosures, and access mortgage professionals. All final documents are signed in person with a notary, title company, or attorney.

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...

Lenders only provide them after verifying your finances, and they can give sellers even more confidence in your bid. If you’ve already found the right home, a Verified Approval is what you’ll want! Learn how much home you can qualify to purchase by getting pre-approved for a mortgage...