Conventional Refinance Loan Program


The conventional mortgage program has a variety of options to help low and moderate income borrowers refinance an existing mortgage, including cash out and rate/term refinances. Programs available to get you the cash that you need to consolidate debt or refinance out of your FHA mortgage insurance payments.

-Cash out up to 80% loan to value

-Rate/term refinance up to 95% loan to value

-Debt to income ratio up to 50%

-One year’s tax return can be used to qualify at a higher income level

-Credit scores as low as 620

-May be eligible for reduced wait times for bankruptcy and foreclosure

-Programs available only to qualified borrowers. Programs subject to change without notice. Underwriting terms and conditions apply. Some restrictions may apply.

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