Lower Mortgage
Payments!

FHA Streamline Refinance 

If you have an existing FHA mortgage loan, and have made the last 12 payments on-time, you can refinance to get a lower monthly mortgage payment without providing income documents or a real estate appraisal.

If you do not currently have an FHA loan, and your credit score is less than 640, FHA offers a rate-and-term mortgage refinance to lower the principal and interest payment on your home.

Benefits of FHA Loans:

• Lower Interest Rates for low credit scores

• Bankruptcy greater than 2 years ok

• Ability to Streamline Refi with no income and appraisal

• Loan-to-Value up to 96.5%, unlimited on Streamline

• Easy qualifications and loan approvals

Not sure which loan program will maximize your loan savings?

The online mortgage app will compute all eligible loan programs to lower your monthly payments.

FHA loan is a good loan option for borrowers with lower credit scores. 

Conventional Refinance

Conventional loans require a minimum credit score of 620. However, if you have a credit score greater than 660 a Conventional loan offer lower interest rate and closings cost then other loan programs.

Homeowners can refinance to lower the mortgage payment by using up to 95% of the value of the home. 

Benefits of Conventional Loans:

• Lower Cost Loans 

• No Mortgage Insurance when LTV is less than 80%

• No Funding Fees

• Maximum Monthly Payment Savings

Mortgage rates on Conventional mortgage loans provide competitive interest rates without any upfront funding fees.

If you have a credit score greater than 660, in most cases, the conventional loan will provide you with the most loans savings to lower the payments on your home loan. 

VA​ Interest Rate Reduction Loan

If you are a Veteran with a minimum credit score of 580, then the VA home loan will allow you to refinance 100 percent of the appraised value of the home to lower the payment on your home loan.

Veterans that have been declared disabled by the VA Administration will not be required to pay the VA Funding Fee.  

Benefits of VA Home Loans:

• Lower Interest Rates 

• No Mortgage Insurance

• 100% Loan to Value

• Refinance with VA Irrl

When you refinance using a VA mortgage loan to access the equity of their home, Veterans can expect to see some of the lowest interest rate loan offers as compared to other loan programs.

Jumbo Refinance

Do you have a Jumbo Mortgage loan?

Will your new loan amount exceed the county loan limits for conventional loans?

Jumbo Refinance is the best option to lower your payments on your loan.

Benefits of Jumbo Loans:

• 90% Loan to Value 

• No Mortgage Insurance

• Lower your payments

• Reduce the interest you pay

Applicants should have a minimum credit score of 680, and sufficient income to meet the underwriting guidelines. 

USDA Refinance

Is your residential home located in a rural area? Is your current mortgage a USDA Direct or Guaranteed loan? If you answer yes to

both, then USDA offers a streamline refinance that does not require verification of income, or a real estate inspection and appraisal.

USDA loan programs offer low interest rates and very low monthly mortgage insurance.

Benefits of USDA Loans:

• 100% Loan to Value 

• Low Mortgage Insurance

• No Income Verification

• No Real Estate Appraisal

• Lower your payments

• Reduce the interest you pay

Applicants should have a minimum credit score of 680, and sufficient income to meet the underwriting guidelines.