Just because rates are on the rise shouldn't mean an end to your refi capabilities. Beacon Point is here to help by increasing Cash-Out Refinances from 80% LTV to 85% LTV. So you get more refi opportunity and you get more money in hand. This program is a win win, lower rate and more cash in hand!!!
Max 85% LTV
Primary Residence- Owner Occupied homes only
Reduced mortgage insurance premiums
We’re closing HARP 2.0 (Home Affordable Refinance Program) in 20 days or less!
Are you a homeowner who has a current home loan with Fannie Mae that was originated prior to May 31, 2009? HARP 2.0/DU Refi Plus allows you to refinance your current loan even if you owe more than the property is currently worth.
Up to 175% LTV/Unlimited CLTV.
No DTI restrictions (approve/eligible findings).
Appraisal Waivers honored.
Condos and high balance loans are eligible up to 125% LTV/CLTV.
M.I. transfers allowed with our HARP 2.0 with M.I. program.
.75 max cap adjustment.
This is Beacon Point's Conventional option for borrowers looking to refinance with limited equity.
Refinances serviced by FNMA eligible up to 97% LTV.