Details.
Refinance options include FHA Streamline Refinance, VA IRRRL, USDA Streamlined Assist, Rate-and-Term Refinance, Cash-Out Refinance, Bank Statement Refinance, DSCR Refinance, Asset-Qualifier Refinance, Foreign National Refinance, HELOCs, and Reverse Mortgages. FHA Streamline Refinance is for borrowers with an existing FHA loan. VA IRRRL is for veterans and service members with a current VA loan. USDA Streamlined Assist requires at least $50 per month in savings. Reverse Mortgages are for homeowners aged 62 and older and require no monthly mortgage payments.