Loan Type
- Down Payment
- Credit Profile
- Debt to Income Ratio
- Mortgage Insurance
- Property Type
- Refinance Options
- Loan Term
VA
- 0%
- 620+
- Up To 57%
- Varies By Situation
- Primary residence (1-4 family unit homes, townhomes, condos)
- Interest Rate Reduction Loan*
Cash-out up to 95%
Rate & Term adjustment - 15-30 Years
FHA
- 3.5%
- 560+
- Up To 56.99%
- Required
- Primary residence (1-4 family unit homes, townhomes, condos)
- Streamline
Cash-out up to 85%
Rate & Term adjustment - 15-30 Years
USDA
- 0%
- 640+
- Up To 46%
- Required
- Primary residence (1-4 family unit homes, townhomes, condos)
- Streamline
- 30 Year
Conventional
- min 3%
- 620+
- Up To 45%
- Varies by Situation
- Primary residence
2nd home
Investment Property
(1-4 famiily unit homes, townhomes, condos) - Cash-out
Rate & Term adjustment - 15 - 20 - 30 Year
VA
|
Down Payment |
0% |
|
Credit Profile |
620+ |
|
Debt to Income Ratio |
Up To 57% |
|
Mortgage Insurance |
Varies By Situation |
|
Property Type |
Primary residence (1-4 family unit homes, townhomes, condos) |
|
Loan Term |
Interest Rate Reduction Loan* |
|
|
15-30 Years |
FHA
|
Down Payment |
3.5% |
|
Credit Profile |
560+ |
|
Debt to Income Ratio |
Up To 56.99% |
|
Mortgage Insurance |
Required |
|
Property Type |
Primary residence (1-4 family unit homes, townhomes, condos) |
|
Loan Term |
Streamline |
|
|
15-30 Years |
USDA
|
Down Payment |
0% |
|
Credit Profile |
640+ |
|
Debt to Income Ratio |
Up To 46% |
|
Mortgage Insurance |
Required |
|
Property Type |
Primary residence (1-4 family unit homes, townhomes, condos) |
|
Loan Term |
Streamline |
|
|
30 Years |
Conventional
|
Down Payment |
min 3% |
|
Credit Profile |
620+ |
|
Debt to Income Ratio |
Up To 45% |
|
Mortgage Insurance |
Varies by Situation |
|
Property Type |
Primary residence |
|
Loan Term |
Cash-out |
|
|
15 - 20 - 30 Year |