Refinance

VA Loan Refinancing

If you have a VA loan, there are opportunities available for you to explore refinancing options and secure a better interest rate or access equity through a cash-out refinance. As an eligible VA loan borrower, specific refinancing options are tailored to meet your needs. These options allow you to refinance your loans and improve your financial situation.

VA IRRRL (Veterans Affairs Interest Rate Reduction Refinancing Loan)

Veterans, retirees, and active-duty personnel can refinance their current VA-guaranteed loan through the VA Interest Rate Reduction Refinancing Loan (IRRRL). This refinancing option allows borrowers to potentially lower their interest rate or switch from an adjustable rate to a fixed rate. The IRRRL process typically does not require an appraisal or credit underwriting unless specifically requested. To qualify, applicants only need to certify their previous ownership of the home covered by the loan. Additionally, it is possible to include all costs in the new loan, meaning there may be no out-of-pocket expenses associated with the refinancing.

VA Cash-out

This VA refinance option helps eligible military borrowers refinance their home loan to get cash out from built-up equity. Our program also offers the ability for up to a 90% cash out option*.

*For qualified borrowers.

Disclaimers

This is not a commitment to lend. Other VA-permissible fees may still occur. Programs, rates, terms, and conditions are subject to change without notice. Credit and collateral are subject to approval. Equal Housing Opportunity

FHA 203(B) Streamline Refinance

Explore the benefits of an FHA 203(b) Streamline Refinance, which could qualify you for a reduced interest rate. Thousands of homeowners like yourself may be eligible for this opportunity. You can also apply for a refinance to remove a borrower from the mortgage. Discover how a Streamline Refi can provide advantageous options to improve your financial situation.

An FHA 203(b) may help:

  • Current FHA loan borrowers who qualify refinance without an appraisal
  • Qualifying borrowers remove someone from the loan.
  • Homeowners who qualify reduce their rate.

Qualifying homeowners who want a fast, limited documentation way to refinance. Contact one of our licensed loan officers for more information!

Disclaimers

This is not a commitment to lend. Programs, rates, terms, and conditions are subject to change without notice. Credit and collateral are subject to approval. Equal Housing Lender.

FHA Cash-out Refinance

Designed for homeowners who want access to the equity in their primary residence which has been owned at least 12 months.

  • Cash-out up to 80% LTV
  • FHA maximum loan limits apply.

Fixed Rate Conventional

With Success Mortgage Partners, our Fixed Rate Conventional Mortgages provide you with the peace of mind that your interest rate and monthly payments will remain consistent throughout the entire duration of your loan. This program is particularly beneficial for individuals who intend to stay in their homes for an extended period. By opting for a fixed-rate mortgage, you can confidently plan your finances without worrying about fluctuations in your mortgage payments.

Additional Information – Cash-out Refinance

  • Cash out available to 80% LTV for a 1-unit primary residence
  • As low as 620 fico available
  • Maximum loan amount of $726,200
  • Unlimited cash out
  • If an existing mortgage is being paid off through the transaction, the mortgage must have been in existence at least 12 months at the time of refinance.

Additional Information – Limited Cash-out Refinance

  • 97% LTV for a 1-unit primary residence
    • Additional criteria apply when the LTV exceeds 95%
  • As low as 620 fico available
  • Maximum loan amount of $726,200
  • Can be used to pay off the existing mortgage and any subordinate lien used to purchase the property.
  • Can be used to buy out the interest of another owner.
  • Closings costs can be financed.
  • Limited cash back