REFINANCE

REFINANCE – at wholesale low interest rates

 

Refinance 760-486-4225

Refinance and Save hundreds of dollars on your mortgage

If you would like a “cash out” refinance, contact us. While a cash out refinance will all be determined by your credit profile. Also your debt to income ratios, fico scores, LTV, loan program choice and rate and terms. A cash out refinance requires an appraisal done. Call to discuss your options to make an informed decision today.

You may even have enough equity to refinance to a conventional loan with NO Mortgage insurance.

Call office 760-983-4549 or cell 760-486-4225

STREAMLINE

  • First of all the FHA Streamline Refinance is easy to qualify for. There is no credit qualifying, no appraisal and record low rates. Contact us to inquire on rate and terms today.
  • Furthermore an FHA Streamline is designed to lower the interest rate on a current FHA Home Loan. Also it may convert a current FHA adjustable rate mortgage into a fixed rate.
  • Consequently the FHA Streamlines can be performed quickly and easily.
  • It requires much less hassle and paperwork than a normal re-finance including no appraisal, no qualifying debt ratios and no income verification.

Streamline refinance your FHA mortgage to lower your mortgage insurance today.

Was your mortgage taken out before 1/26/15? If so contact us as HUD reduced the monthly mortgage insurance premium. They lowered it from 1.35% of the loan amount to 0.85% of the loan amount which could be a substantial monthly savings for you.

The FHA Streamline program does not require an appraisal and in many cases no income or credit qualifying.  As a result the new loan amount is not any higher than your current loan amount. This is a very simple process to accomplish this savings.  Rates are very good right now too.  Please let me know if you have any questions.

Streamline FHA Refinance – Key Features & Benefits:

  • Finally the appraisals are no longer needed for an FHA Streamline.
  • Also the income or DTI ratios are no longer calculated for an FHA streamline. 
  • Minimum credit scores are no longer required for an FHA streamline.
  • Even more the lender will refund your escrow/impound account.
  • As a result you can skip one mortgage payment.
  • Most noteworthy the lender fees are reduced.

licensed in CA

OTHER LOAN PROGRAMS:

FHA     Conventional     VA     CalVet     Jumbo     USDA Rural     DAP’s

[ninja_form id=1]