Ideal Mortgage Home Refinance Options

Home Refinancing Options


Conventional Mortgage Loan

The fixed rate conventional mortgage loan is the most popular loan available today.

  • Fixed rate
  • Maximum loan amount $453,100
  • Up to 30 year terms*
  • Finance up to 95% of homes value
  • Single Family Home, 2-4 units, Condominium, and Townhome
  • Primary, secondary, and investment occupancies acceptable

 

FHA Mortgage Loan

This product is helpful for borrowers with equity in their home.  It offers both fixed and adjustable rate mortgage options.

  • Maximum loan amount $356,500
  • Finance up to 97.75% of homes value
  • Flexible credit requirements
  • Single Family Home, 2-4 units, Condominium, and Townhome
  • Primary residence occupancies acceptable

 

No Lender Fee Mortgage Loan

Enjoy the stability of a fixed rate with the added benefit of reduced closing fees.  Members save an average of $1,750 with this option.

  • Fixed rate
  • Maximum loan amount $453,100
  • Finance up to 95% of homes value
  • Up to 30 year terms*
  • Single Family Home, 2-4 units, Condominium, and Townhome
  • Primary, secondary, and investment occupancies acceptable

 

Jumbo Mortgage Loan

Jumbo mortgages are home loans that exceed conforming loan limits of $453,100. A jumbo loan allows you to achieve your refinancing goals. 

  • Fixed rate options
  • Cash out up to 80% of homes value
  • Single Family Home, 2-4 units, and Townhome
  • Primary residence occupancies acceptable

 

Adjustable Rate Mortgage(ARM) Mortgage Loan

This mortgage loan program offers a lower initial rate with built in rate protections for the borrower.

  • Lower monthly payment
  • Initial fixed rate period
  • Multiple options
  • Single Family Home, 2-4 units, Condominium, and Townhome
  • Primary and secondary occupancies acceptable

 

VA Mortgage Loan

VA guaranteed mortgage loans are available to Military Service Veterans, current active duty, service men and women and their surviving spouses.

  • Fixed rate
  • Cash out up to 95% of homes value
  • No mortgage insurance
  • Competitive rate
  • Maximum loan amount $453,100
  • Flexible credit requirements

Get started

Ready to take the next step? Apply online or reach out to us today.


*Payment example: On a $250,000 home loan at 5.176% APR for a 30 year term, monthly payments would be $1,369.07 per month. Payments do not include applicable taxes and insurance and may result in higher payments.