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Mr. Cooper (Nationstar) Mortgage Recast: Fee, Minimum & How to Request

Last verified July 2026 · Officially published by the lender

Offers recastingYes, on eligible loans
Reported feeUp to $250, non-refundable (per Mr. Cooper's own help center; state-dependent).
Reported minimum$10,000 minimum principal payment (officially published); curtailment capped around 85% of the current balance.
Servicing phone833-685-2565

These figures are reported for planning and can change at any time. Mr. Cooper (Nationstar)'s written recast agreement is what binds — confirm the current fee, minimum, seasoning, and your loan's eligibility with Mr. Cooper (Nationstar) before sending any payment.

What to know about a Mr. Cooper (Nationstar) recast

Ineligible: government loans (VA, FHA, GNMA, USDA), plus interest-only, Option ARMs and commercial loans. No credit check. Can take up to 90 days; recently transferred accounts may wait 90 days. Submit the recast form BEFORE paying the lump sum.

Is your loan eligible?

  • Conventional (Fannie Mae / Freddie Mac) loans are usually eligible, subject to your servicer and investor.
  • FHA, VA and USDA government loans generally cannot be recast (re-amortization only happens inside a loss-mitigation modification, which is a different process).
  • Jumbo and portfolio loans vary case by case — only the servicer/investor can confirm.
  • Interest-only loans, Option ARMs and commercial loans are typically ineligible.

How to request a recast

  1. Confirm your loan is current and past any seasoning period (often 2–6 on-time payments).
  2. Contact Mr. Cooper (Nationstar) (833-685-2565) and ask for their recast/re-amortization form — most servicers require the request before or with the lump sum, so an unsolicited principal payment won't automatically recast the loan.
  3. Make the qualifying lump-sum payment and pay any recast fee as directed.
  4. Allow roughly 30–60 days for the new, lower payment to take effect.

See your new payment

Estimate exactly how much a lump sum would lower your payment — and whether recasting, extra principal, or refinancing costs least — in the recast calculator. New to recasting? Start with what is a mortgage recast, or compare other servicers on the lender policies page.

Frequently asked questions

Does Mr. Cooper (Nationstar) offer mortgage recasting?

Yes — Mr. Cooper (Nationstar) is reported to offer recasting on eligible loans. Ineligible: government loans (VA, FHA, GNMA, USDA), plus interest-only, Option ARMs and commercial loans. No credit check. Can take up to 90 days; recently transferred accounts may wait 90 days. Submit the recast form BEFORE paying the lump sum.

How much does a Mr. Cooper (Nationstar) recast cost?

Up to $250, non-refundable (per Mr. Cooper's own help center; state-dependent). (Officially published by the lender.) Recast fees industry-wide are commonly $150–$500, and a few large banks are reported fee-free. Confirm the current fee directly with Mr. Cooper (Nationstar).

What is the minimum lump sum for a Mr. Cooper (Nationstar) recast?

$10,000 minimum principal payment (officially published); curtailment capped around 85% of the current balance. Minimums industry-wide are usually $5,000–$10,000, sometimes about 10% of the balance. Confirm with your servicer.