What is the maximum loan term for a mortgage refinance via Opes Advisors 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. Opes Advisors Mortgage Refinance offers mortgages refinancing with terms ranging from 10 to 30 years.

What mortgage programs does Opes Advisors Mortgage Refinance offer?

Opes Advisors 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%.
• FHA 203k: An FHA mortgage you can also use to finance home improvements.
• 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 Opes Advisors Mortgage Refinance allow?

Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Opes Advisors Mortgage Refinance allows the following property usage types: 

• Primary home
• Secondary homes and vacation properties