FHA Cash Out Refinance & Streamline Loans
At Credence Funding Corporation we help homeowners with FHA loans save on their refinancing through no to low cost FHA Streamline Refinancing and FHA Cash Out Refinance solutions.
Contact us today for a free quote and consultation – (866) 821-4120.
FHA Cash Out Mortgage Refinancing
Could you use some extra funds to cover a home improvement project, medical expenses, tuition, or any other needs? An FHA Cash Out refinance from Credence Funding Corporation, may be a great solution to get the cash you need. FHA cash out refinance loans may be used to refinance current FHA loans at up to 85% of the value of a property. With most conventional products, the maximum cash-out limit is only 80%.
FHA Streamline Refinancing
Looking to lower the interest rate on your FHA mortgage? With an FHA streamline refinance borrowers are able to refi with limited credit documentation and underwriting thus saving time and money. To be eligible the mortgage being refinanced must be FHA insured and current. See how much you may save with an FHA streamline refinance by calling (866) 821-4120.
CASH OUT HIGHLIGHTSWhy consider a FHA cash out refinance?
- Cash out limit higher than most conventional products
- Underwriting criteria not as strict as many other programs
- Fast efficient process with Credence Funding Corporation
- Low interest rates
- Closing costs typically taken out of cash out proceeds which means no money out of pocket
STREAMLINE HIGHLIGHTSWhy consider an FHA streamline refinance?
- Less documentation required compared to most conventional loan programs
- Closing costs are often included in the new loan amount meaning no money is required out of pocket
- Mortgage being refinanced by be an FHA loan
- Current mortgage must not be delinquent
- Opportunity for thousands of dollars in interest savings