What is the maximum loan term for a mortgage refinance via Home Loan Investment Bank Mortgage Refinance?

The term of a mortgage refinance will determine the cost of your monthly payments. Longer terms will typically reduce your monthly payments but it will also increase the interest you pay. Home Loan Investment Bank Mortgage Refinance offers mortgages refinancing with terms ranging from 3 to 20 years.

What is the estimated funding time for a mortgage refinance with Home Loan Investment Bank Mortgage Refinance?

Home Loan Investment Bank Mortgage Refinance will typically approve (or deny) a mortgage refinance application within 48 hours and fund mortgage refinances within 4 days of approval.

Does Home Loan Investment Bank Mortgage Refinance charge prepayment fees?

No, Home Loan Investment Bank Mortgage Refinance does not charge prepayment fees. This means you will not have to pay additional fees if you decide to repay the mortgage early.

What mortgage programs does Home Loan Investment Bank Mortgage Refinance offer?

Home Loan Investment Bank Mortgage Refinance offers the following mortgage types:

• Conventional mortgages: This includes any mortgage that is not insured or guaranteed by the federal government.
• FHA: Mortgages insured by the FHA, which usually have less stringent eligibility requirements, but borrowers must pay a mortgage insurance premium. Co-applicants are allowed and you can qualify for a down payment as low as 3%.

What property usage types does Home Loan Investment Bank Mortgage Refinance allow?

Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Home Loan Investment Bank Mortgage Refinance allows the following property usage types: 

• Primary home
• Secondary homes and vacation properties