Below you will find the various refinance programs and options to choose from. 

With rates reaching historic lows, you could benefit by saving hundreds of dollars a month on your monthly mortgage payment.

Rate and Term Refinance 

In the mortgage world, a “rate and term refinance” refers to the replacement of an existing mortgage(s) with a brand-new home loan. 

The refinance loan comes with a new interest rate (ideally lower) and a fresh mortgage term, such as another 30 years or reducing your loan term to pay the home off faster.

FHA or VA Streamline Refinance 

The FHA or VA Streamline Refinance allows existing, qualified FHA or VA borrowers to reduce your interest rate without having to jump through hoops.  

• Lower monthly principal and interest payments

  • No income documentation required

  • No appraisal required

  • No asset documentation required

  • Eligible properties: owner-occupied 1-4 unit, condos, and PUDs

  • Must have made at least six (6) payments At least 6 full months since the first payment due date At least 210 days have passed from last closing/recording date

Verbal verification of employement  

Cash Out Refinance 

A cash-out refinance replaces your existing mortgage with a new home loan for more than you owe on your house. The difference goes to you in cash and you can spend it on home improvements, debt consolidation, education, or other financial needs. You must have positive equity built up in your house to do a cash-out refinance.  

203(k) Renovation Loan Refinance 

With the 203(k) refinances, homeowners can quickly and easily tap into cash to pay for property repairs and improvements.