An FHA mortgage is a home loan insured by the Federal Housing Administration (FHA). These loans are designed to help borrowers of more modest means or less than perfect credit refinance their home. Borrowers who already have an FHA loan can qualify for streamlined refinances which require no appraisals and very low closing costs.
Loan to values up to 97.75%
Easier to qualify than a conventional loan
Cash-out and rate/term loans available
Streamline (no income verification) loans available
VA loans are mortgages backed by the Department of Veterans Affairs and are available to military service members and veterans or their surviving spouses. Qualifying borrowers can refinance to get cash out, lower their payment, lower their interest rate, or all three. Veterans who already have a VA loan can qualify for streamline refinances which require no appraisals and have very low closing costs.
Non-traditional mortgage products allow you to qualify using better representations of your reliability as a borrower as opposed to traditional forms of income documentation. Such representations may include bank statements or your liquid assets. See your loan officer for additional details specific to your unique situation.
As a professional mortgage broker, we find, negotiate, and process the best mortgage loan on your behalf. This offers you the best opportunity to obtain the loan product and the interest rate that best suits your needs.