There’s no time like NOW for Mortgage Financing

Oct 3rd, 2012 | By | Category: The Mortgage Connection

VA/FHA Streamline refinance

If you currently have a government loan (VA or FHA) you could possibly refinance without having to have an appraisal or qualify again for the loan. Even if you owe more on your loan than what your property is currently worth, that’s ok, as long as we can verify that:

1. All of your mortgage payments have all been made on time

2. You have had the loan for at least 6 months

3. Your credit score is at least 640 & your are still working



HARP 2.0 refinance

If you currently have a conventional loan owned by either Fannie Mae or Freddie Mac it is possible to   refinance even if your loan exceeds the current value of your home. You have to have       obtained the loan prior to May of 2009 to be eligible. These loans do require an appraisal and qualifying unlike the government loans but the loan to value can now be unlimited per this government program.

Purchase ONE day after a short sale or foreclosure

This loan program is exclusive to Peoples Mortgage Company. You can possibly purchase a new home just one day after a short sale, foreclosure of deed in lieu

1. Minimum or 600 Fico

2. Primary residence only

3. Minimum or 30% down payment


Please call me for more details on any of these programs or feel to email me at: Phone 520-954-7686.

LO LICENSE # 0912532   LO NMLS# 224433   BKBR# 0904164  COMPANY NMLS# 6274

One Comment to “There’s no time like NOW for Mortgage Financing”

  1. Despite the lowest rates, refinancing may not be for everyone. It is best to run the numbers and see if the savings look good.

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