If you are a current customer with Flagstar Bank, FSB or Bank of America and have a mortgage which is secured by Fredie Mac or FHA we can refinance your current mortgage with no minimum credit score requirement. When refinancing an FHA Mortgage it is considered a Streamline Refinance and we can do this with no income check or credit check ( we normally pull a credit report to make sure you have no 30 day late payments in the last 12 momnths - a requirement). In most cases an appraisal is not going to be required. Call while rates are low to refinance your FHA Mortgage. Call Toll Free at 888-327-8657 or 704-490-4733

If your mortgage loan is secured by Freddie Mac (we can let you know) Please review the below special refinancing guidlines:

Freddie Mac Relief Refinance

• Maximum LTV of up to 105% with no maximum CLTV.

• No minimum credit score requirement if borrower’s principal and interest payment does not increase by more than 20%.

• Manual underwriting. • Mortgage insurance is not required if existing loan does not have mortgage insurance.

• Standard conforming and high balance loan limits are eligible.

• A Home Value Explorer (HVE) can be ordered in lieu of an appraisal.

• Escrows may be transferred.

• Loans with an LTV greater than 80% with an escrow waiver on the original loan may be eligible for an escrow waiver on the new loan.

Loan being refinanced must have been originated by Flagstar or Bank of America (broker/correspondent), sold to Freddie Mac, and currently be serviced by Flagstar Bank or Bank of America.

If you are interested in an FHA Refinance and live in NC or SC please give me a call. 704-490-4733