Borrower ought to provide previous people identity policy, earlier in the day good questionnaire and you will present an impound membership so you’re able to meet the requirements
No Closure Costs Refinance System: Conventional loans only. Borrower elected Discount points/Rate buy downs are ineligible. Borrower must meet following eligibility requirements: priily residence, fixed-rate, refinance transactions, with loan amounts above $250,000 and below conforming limits at less than 80% LTV, and credit score of 720 or higher.
Borrowers whom found Cash out in the closing or perhaps to payoff one financial obligation except that previous first mortgage should have LTV less than 70%

Closing Prices Credit Program: For borrowers who do not qualify for a No Closing Cost Refinance, RP Funding will offer a Closing Costs Credit subject to the following conditions: fixed rate refinance transactions on loan amounts above $50,000 and below conforming limits, for borrowers with 640 or higher credit score. Read more “Borrower ought to provide previous people identity policy, earlier in the day good questionnaire and you will present an impound membership so you’re able to meet the requirements”