Refinance Your Mortgage Loan


When you refinance you are paying off an existing loan with proceeds from a new loan. Generally, when you refinance you are taking advantage of improvements in your credit, built up equity, change to term, or drops in market interest rates. Benefits of refinancing can include lowering your current payment, changing the term of your loan, or borrowing against the equity in your home to get cash out.


Regular Refinance Options

  • Conventional Refinance
  • FHA Refinance
  • VA Refinance
  • USDA Refinance


Streamline Refinance Options

No-appraisal streamline refinances are used solely for the purpose of lowering the monthly mortgage payment. In other words, you don’t have the option of cashing out equity under the no-appraisal program.

  • FHA Streamline Refinance – For more information on FHA Streamline Refinancing click here.
  • VA Streamline Refinance (appraisal may be required in some circumstances)


Cash Out Refinance Options


Access the equity in your home and get cash that you can use to meet all kinds of financial goals. The existing mortgage and any liens on the property are paid off and replaced with a refinanced mortgage.

  • Conventional Cash-Out Refinance
  • FHA Cash-Out Refinance
  • VA Cash-Out Refinance


Freddie Mac and Fannie Mae have adopted changes to the Home Affordable Refinance Program (HARP) and you may be eligible to take advantage of these changes. If your mortgage is owned or guaranteed by either Freddie Mac or Fannie Mae, you may be eligible to refinance your mortgage under the enhanced and expanded provisions of HARP. You can determine whether your mortgage is owned by either Freddie Mac or Fannie Mae by checking the following websites: or


There are some key eligibility requirements to this program:

  • Only loans owned or guaranteed by Fannie Mae and Freddie Mac are eligible. Underwater borrowers who have FHA, VA or other types of mortgages are not.
  • Your mortgage must have been purchased or securitized by either company no later than May 31, 2009, and must have an LTV ratio in excess of 80%.
  • You must be current on your loan with no 30-day late payments during the six months preceding application and no more than one late payment during the last 12 months.


Click here for complete eligibility requirements for HARP 2.0 Refinancing.