If you currently have a USDA loan, you have several options available to you when you want to refinance. These refinance options include a pilot, streamline and non-streamlined refinance. The difference between the programs is how you verify your eligibility. The streamline program, as the name suggests, is much simpler, but has stricter guidelines. The non-streamlined refinance offers a little more flexibility for USDA borrowers and … [Read more...]
Your Refinance Options for a USDA Loan
You have a USDA loan but want to refinance. Maybe you want a lower rate or you need cash out of your equity. The good news is the USDA has several refinance options for you. What you need and how much you want to verify determines which program is right for you. No matter which program you choose, the USDA program offers simple and effective ways to refinance your USDA loan. The Newest USDA Refinance The USDA rolled out a Streamline … [Read more...]
