Loan Options Refinance
Refinance Your Home with a Safe and Helpful Loan
 Remington Financial can help you establish the safest loan option for a variety of needs.
If any of the following interests you, then a refinance loan may be of help:
- Fixed rate to prevent payments from rising
- Reduce monthly payments
- Reduce your interest rate
- Borrow cash from your home
- Mortgage payment that includes taxes and insurance
Conventional and FHA Refinance Loans
Conventional loans include all loans that are offered by Fannie Mae and Freddie Mac. They may also include loans made by banks, credit unions, etc.
Remington Financial offers hundreds of different types of Conventional loans. For over 15 years, we have been helping borrowers find the best loan to suit their needs.
FHA (Federal Housing Administration) loans are guaranteed by the U.S. Government. The main advantage of FHA loans is that credit qualifying criteria for the borrower is not as strict as it is for a conventional loan. FHA loans are available for borrowers who may have had minor credit problems or lack sufficient credit history to qualify. There is no minimum credit score for an FHA loan. An underwriter will apply a common sense underwriting approach for each FHA refinance loan applicant. FHA provides insurance to lenders to encourage them to make loans to borrowers with less than perfect credit.
Remington Financial is an FHA approved lender.
This means that we can offer our customers loan products that are made possible by the FHA.
FHA refinance loans can lend up to 95% cash out of the home’s value, and you can use the cash however you choose.
Call Remington Financial at (800) 200-2007 or toll-free at (248) 799-5120 or contact us online with any questions you have.
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