|Loan Amount||$75,000 - $3,000,000|
|Loan Term (Years)||15 - 30|
Where does Omni-Fund do business?
Omni-Fund is a direct lender based in Murrieta, CA. The company was founded in 1996 and offers mortgage refinancing to borrowers in 15 states across the USA.
What range of mortgage balances will Omni-Fund refinance?
Mortgage refinancing loans start at $75,000 and go up to $3,000,000
What is the maximum loan term for a mortgage refinance via Omni-Fund?
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. Omni-Fund offers mortgages refinancing with terms ranging from 15 to 30 years.
Does Omni-Fund charge a mortgage origination fee?
Yes, Omni-Fund may charge a loan origination fee.
What mortgage programs does Omni-Fund offer?
Omni-Fund 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%.
- USDA: A zero down payment mortgage loan with low rates for suburban and rural homebuyers.
- VA: A zero down payment mortgage or a refinance of up to 120% of the home's value for American military members, veterans, and their spouses.
What property usage types does Omni-Fund allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Omni-Fund allows the following property usage types:
- Primary home
- New Mexico
- North Carolina