Refinancing

Refinance

Want to lower your monthly mortgage payment, pay off high-interest credit cards, consolidate debt, or lock in a low interest rate? The mortgage professionals at Insight Loans can help.

Refinancing is a great way to make your mortgage work for you, and our dedicated team of refinancing experts can help you find exactly the right loan. Our hassle-free application process gets you the approval you need when you need it. And our refinancing experts are standing by to make sure everything goes smoothly – from application to closing.

At Insight Loans, we understand that your mortgage needs change over time. You shouldn’t be saddled with a sky-high interest rate or a payment you can’t afford when refinancing is an option.

Get a great rate, the best terms, and a payment that works perfectly with your budget when you choose Insight Loans to help you refinance your home. Call us today to see what refinancing can do for you.


FHA

FHA loans are mortgage loans that are insured by the Federal Housing Administration (FHA). The federal government insures loans for FHA-approved lenders in order to reduce their risk of loss if a borrower defaults on their mortgage payments.

FHA refinance programs allow for a lot of flexibility. Some of the benefits of FHA programs include:

  • Relaxed credit and income requirements
  • Higher loan-to-value caps
  • No appraisal needed if you are currently in a FHA program

If you have a less than excellent credit profile and your loan-to-value is high then FHA financing may be for you.

VA loans are mortgage loans designed for service members, veterans, and eligible surviving spouses. The Department of Veteran Affairs guarantees loans for VA-approved lenders in order to reduce the risk of loss if the borrower defaults on their mortgage payments.

VA refinance programs are designed for service members, veterans, and eligible surviving spouses. Some of the benefits of VA programs include:

  • Relaxed credit and income requirements
  • Higher loan-to-value caps
  • 100% cash out allowed
  • Mortgage insurance is not required
  • No appraisal needed if you are currently in a VA program

If you are a service member, veteran or eligible surviving spouse than VA financing may be for you

USDA loans are mortgage loans designed to assist low to moderate income rural homebuyers achieve home ownership.

USDA refinance programs are designed to assist low to moderate income rural homebuyers achieve home ownership. Some of the benefits of USDA programs include:

  • Relaxed credit requirements
  • Higher loan-to-value caps
  • Minimal mortgage insurance
  • No appraisal is needed if you are currently in a USDA program

If you are currently in an USDA program than USDA financing may be for you.

Conventional loans are mortgage loans designed for individuals with excellent credit profiles. These programs have stricter credit and income qualifications

Conventional programs are designed for individuals with excellent credit profiles. These programs have stricter credit and income qualifications. Some of the benefits of conventional financing include:

  • Mortgage insurance not required with 20% equity
  • Mortgage insurance will end once 20% equity is reached
  • Mortgage insurance is usually less when compared with FHA financing
  • No appraisal needed if you meet certain criteria

If you have an excellent credit profile and in a position to make a larger down payment than conventional financing may be for you.

JUMBO programs are designed for those seeking financing that extends above the county loan limits set forth by Fannie Mae and Freddie Mac. If you are not located in a high cost area as determined by Fannie Mae and Freddie Mac and are looking for financing in excess of 417,000 than a jumbo program may be for you.
HARP loans allow homeowners that closed on or before May 31, 2009 who are backed by Fannie Mae or Freddie Mac the opportunity to refinance. This includes those who may owe more than their house is worth. We offer HARP loans with no lender overlays. (Don’t worry if you’re underwater and not backed by Fannie or Freddie we have programs that will cover you…contact us today!)

Need Help?

Have any questions or just ready to get started?

Open Today 8:30am EST - 6:00pm EST



Insight Loans
27780 Novi Rd. #210, Novi, MI 48377
500 N. Commercial St #502, Manchester, NH 03101
8000 IH-10 West, Ste. 600 San Antonio, TX 78230
734 West Port Plaza, Ste 216, St. Louis, MO 63146


Top Rated Lender




View Reviews

Follow Us