Already have an FHA or VA mortgage? If so, you automatically qualify for a rate reduction! These "Streamline" refinances are done with minimal paperwork and few requirements. This refinance is all about quickly lowering your rate with truly very little hassel or headaches.

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The USDA Direct Loan Program
is a federal program offered through the United States Department of Agriculture for rural Americans. These loans will allow many Americans access to safe, affordable homes as well as the ability to repair and renovate their homes.

VA-Guaranteed Loans are made by lenders and guaranteed by the U.S. Department of Veteran Affairs (VA) to eligible veterans for the purchase of a home. The guaranty means the lender is protected against loss if you fail to repay the loan. In most cases, no down payment is required on a VA guaranteed loan and the borrower usually receives a lower interest rate than is ordinarily available with other loans.

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With the government’s new program called MAKING HOME AFFORDABLE, lender Fannie Mae now offers the Desktop Underwriter (DU) Refi Plus Program. What this does is allow qualified homeowners the option of a low-cost refinance for their homes even if the value has declined.

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