NMLS ID:1747872

 

 

 

© 2018  BEACON POINT MORTGAGE SOLUTIONS, LLC 

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Terms of Use 

LOAN PROGRAMS & RATES expressed are representative of some product offerings but are subject to CHANGE at anytime.

*Florida Second Home Specialist is not a state designation nor a Florida State endorsement.

“THIS PRODUCT OR SERVICE HAS NOT BEEN APPROVED OR ENDORSED BY ANY GOVERNMENTAL AGENCY, AND THIS OFFER IS NOT BEING MADE BY AN AGENCY OF THE GOVERNMENT.” 

Instead this service reflects the scope of our work and commitment to make it easy for out of state residents to finance a second residence in Florida.

 

Call us! 800-466-0664

Refinances

Conventional Cash-Out Refi

Beacon 

Point -1

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!!!

Program highlights:

  • 740+ FICO

  • Max 85% LTV 

  • Primary Residence- Owner Occupied homes only

  • Reduced mortgage insurance premiums

Harp 2.0

Beacon

Point -2

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.

Homeready

Beacon

Point -3

This is Beacon Point's Conventional option for borrowers looking to refinance with limited equity.

  • Refinances serviced by FNMA eligible up to 97% LTV.

  • Reduced Mortgage Insurance.

  • High Balance available.

  • No Area Median Income limits (AMI) . 

  • Gift funds eligible for entire down payment.

  • Appraisal fee credit up to $525 given at closing.