A new mortgage refinance program is here to help you refinance. There are new flexibilities to help you qualify. If you meet the following criteria, you may be able to refinance for a lower rate and payment.
Current mortgage is owned by Freddie Mac or Fannie Mae
Meet certain moderate income requirements
Current mortgage being refinanced is less than 10 years old
Single family primary home
620 minimum credit score
interest rate must be lower by at least 1/2%
Borrowers on original and new loan must be the same
Refi Possible Flexibilities:
$500 credit toward appraisal if one is required
No maximum housing ratio
Total Debt-to-income ratios up to 65%
Think you qualify? Grab your mortgage statement and contact us today OR click here to apply anytime. If your current home loan is an FHA, VA or RD government loan, we can still help you! Most government refinances can lower your payment substantially without appraisal or income verification.
We've been helping customers afford the home of their dreams for many years and we love what we do.