REFINANCING OPTIONS

Like most homeowners, you may have several reasons to refinance your home. Whether it's to lower your rate or receive cash from the equity available in your home and use it for home renovations, tuition, debt repayment or anything else you may need.

Cash Out Refinance

A cash out refinance is available to homeowners who have equity in their home and would like to access the equity to receive cash for any use they may have a need for. 

Cash Out Refinances are available for:

  • FHA Loans   -   Primary Residence only
  • Conventional Loans   -   Primary Residence, Second Homes and Investment Properties
  • VA Financing   -   Primary Residence only
  • Jumbo Financing   -   Primary Residence only

Rate and Term Refinance

A rate and term refinance is available to homeowners who just want to refinance to lower their current rate and/or term. 

Rate & Term Refinances are available for:

  • FHA Loans   -   Primary Residence only
  • Conventional Loans   -   Primary Residence, Second Homes and Investment Properties
  • VA Financing   -   Primary Residence only
  • Jumbo Financing   -   Primary Residence and Second Homes 

Streamline Refinances

This type of refinance is available to homeowners who would like to refinance to lower their current rate and/or term. This type of loan is considered a streamline refinance because it only requires a qualifying credit score but does not require income, debt to income ratios nor does it require an appraisal.

Streamline Refinances are only available for:

  • FHA Loans   -   Primary Residence that has an existing FHA loan
  • VA Loans   -  Primary Residence that has an existing VA loan

Please feel free to contact us and we can discuss your current situation in further detail
and also discuss financing options available to fir your sepcific needs.