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refinancing a a home with little or no cash

By John Cashion

Mortgage and Lending with Academy Mortgage NMLS#329710

May 12, 2008 01:30 PM

Mortgage or Preapproval

Wells Fargo Home Mortgage provides a variety of loan programs that can help you refinance your home without spending a lot of cash, or any at all.

Loan Program	Features	Best For

Closing Cost$aver^® Program	Little or no out-of-pocket closing costs Available with a wide range of loan products	Homeowners with high debt ratios Homeowners with little equity
FHA Streamlined Refinance	Closing costs may be funded by a gift or unsecured loan No income or asset verification, no credit report, and no appraisal	Current FHA mortgage holders who want to: Reduce monthly payments by refinancing to a lower interest rate Avoid hefty closing costs Refinance as quickly and conveniently as possible
VA Interest Rate Reduction Refinance Loan (IRRRL)	Closing costs may be funded by a gift or unsecured loan No income or asset verification, and no credit report	Current VA mortgage holders who want to: Reduce monthly payments by refinancing to a lower interest rate Avoid hefty closing costs Refinance as quickly and conveniently as possible

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