If you are looking to Refinance your existing owner occupied property or investment property then a Conventional Refinance may be your best option. Borrowers with good credit and at least 20% equity in their property generally get the most benefit from a Conventional Refinance. As long as you maintain an antiquate equity position and the loan amount does not exceed $510,400 there is no limit to the amount of cash you take out of your property or what you do with that money. Conventional loans typically offer the lowest interest rates.
To find out if a Conventional Refinance is your best option and what it can do for you Contact Us today and one of our experienced mortgage professionals will help you achieve your goals.