If you are, you will need to submit a recast request form prior to making the lump-sum payment. Making the payment does not guarantee approval of the recast request. Once approved, a Recast Agreement will be created that allows the loan to be re-amortized, based on the lump-sum...

A mortgage recast is a way to lower your mortgage’s monthly payment. If you commit to making a larger payment after the recast—say the same amount you’re paying now—you can also potentially pay off your mortgage early.

A recast is a lump sum payment that lowers your monthly payment and may help you pay off your mortgage early.

A recast is a lump sum payment that lowers your monthly payment and may help you pay off your mortgage early.

Mortgage Recast. Provides definition, guidelines, and process for a mortgage recast

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.. If you qualif...

Requirements and Details of a Recast. If you are eligible, here are some details to keep in mind: Minimum Amount – Mr. Cooper requires a minimum principal payment of $10,000. Recasting Fees – There is usually a non-refundable fee of up to $250 to recast your mortgage.

Credit Corrections When and how to request a credit correction Avoiding & Reporting Mortgage Scams Provides red flags to help avoid mortgage scams How To Share Your Complaints and Get Help Provides ways to contact Mr. Cooper to submit feedback Verification of Mortgage (VOM) Explains ...

Find the phone number for Mr. Cooper customer service, payoff quotes, and other inquiries. You can also chat, mail, or message... Call us at 833 - 685 - 2566.

© 2024 Nationstar Mortgage LLC d/b/a Mr. Cooper. Mr. Cooper is a registered service mark of Nationstar Mortgage LLC. NMLS: #2119 NMLS Consumer Access (www ...