There is a common misconception that FHA loans are only for first time home buyers. Anyone who qualifies can receive a FHA refinance or loan. East West Mortgage can assist you in obtaining a FHA refinance.
FHA Refinance VS. Conventional Refinance
The Federal Housing Association (FHA Refinance) gives you many benefits that a conventional refinance does not. By insuring your refinance, lenders are more likely to approve your loan. The main advantage of a FHA loan is the credit criteria; it allows those with less than perfect credit or no credit history a chance to get a loan. A FHA underwriter will require reasonable explanation, but will approach a person’s credit history with common sense. FHA loans give you opportunities for a loan that you might not be able to achieve. It is a common misconception that FHA loans are only for first time home buyers; they are readily available to anyone seeking a loan. East West Mortgage is here to assist you on any financial program. We have many tools on our website for you to use.
Why East West mortgage?
We have multiple free online mortgage calculators and if you require further assistance you can call us at our toll free number. If your rates are to high maybe you should consider refinancing with East West Mortgage, a refinance is when you purchase another loan to pay off your current mortgage loan. For those with less than perfect credit we offer bad credit programs, and FHA programs. For Veterans we have many different VA programs. After you apply with us we assigned a mortgage broker to your account to answer any questions you have via telephone or email. Our mortgage brokers are very experienced and will make sure that the rates you receive are the lowest possible. We assure this by being an online mortgage company. Being online we eliminate the commission paid mortgage brokers. With out the incentive to give you higher rates to benefit them self’s ours mortgage brokers give you the lowest rate possible.
What are you waiting for, Apply now with East West Mortgage to get the refinance you need.