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Refinance Loans

REFINANCE LOANS PRODUCT BREAKDOWN

VA LOAN REFINANCING

Veterans, Retirees and Active Duty Personnel can refinance an existing VA guaranteed loan to reduce the interest rate or switch an adjustable rate to fixed rate through the VA Interest Rate Reduction Refinancing Loan (IRRRL). No appraisal or credit underwriting is required unless upon request. IRRRL only requires applicants to certify previous ownership of the home under the loan’s coverage and may be done with no money out-of-pocket by including all cost in the new loan

WHO VA IRRRL IS FOR:

  • Qualified veterans and service personnel with a VA loan
  • Qualified VA loan owners who want to reduce their interest rate or switch from an adjustable rate to fixed rate
  • Qualified borrowers who want to refinance without an appraisal or credit underwriting
  • Qualified VA homeowners who want a streamlined refinance with no money out-of-pocket

FHA LOAN REFINANCING

You may be one of the thousands of homeowners who qualify for a reduced rate through an FHA 203(b) Streamline Refinance. Or, apply to reduce your mortgage insurance payment or remove a borrower from the mortgage. Explore the Benefits of an FHA Streamline Refi:

FHA 203(b) may help:

  • Current FHA loan borrowers who qualify refinance without an appraisal
  • Qualifying borrowers removing someone from the loan and home
  • Homeowners who qualify to reduce their rate

Qualifying homeowners who want a fast, limited documentation way refinance

CONVENTIONAL LOAN REFINANCING

At NRL Mortgage, our Fixed Rate Conventional Mortgages offer the confidence of knowing your rate and payment will not change for the term of your loan. This is great program for anyone planning on being in their home for a longer period of time. 

Conventional Refinance Benefits:

  • Unlimited Cash Out available up to 85% of the Value of your home
  • As low as 620 FICO available
  • Maximum loan amount of $417,000

Find out more about these programs and eligibility requirements from this mortgage team

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. 

Refinance benefits and options

👉 Reduce Current Mortgage Payment and Rate

👉 Debt Consolidation Options: such as removing a ex spouse, paying off student loans, paying off current credit cards and car loans and more.

👉 Take Cash out of your home to start a business

👉 Switch from an adjustable rate mortgage to a fixed rate mortgage

👉 Cancel Mortgage Insurance on your current mortgage

NRL MORTGAGE © 2021. ALL RIGHTS RESERVED 1-800-669-9777 |

NMLS ID 181407
|WWW.NMLSCONSUMERACCESS.ORG
THIS IS NOT A LOAN APPROVAL

PRIVACY POLICY

LEGAL

NRL Mortgage. NMLS ID# 181407 (www.nmlsconsumeraccess.org)
An approved equal housing lender. Equal Housing Opportunity. Fair Housing & Discrimination violations will be reported online to HUD’s local FHEO Regional Office or by calling the Fair Housing Complaint Hotline at 1-800-669-9777

Last Updated 9-26-2021

© 2021  by The Loan Rangers Lending Team

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