How can we help with your refinance today?

FHA Streamline - Our #1 Product

FHA STREAMLINE

JFQ Lending, Inc. is an FHA HUD approved lender – Over 250 million in FHA loans funded year to date!

What is an FHA streamline?

It is the simplest and easiest way to refinance an FHA loan. Unlike a traditional refinance an FHA Streamline Refinance allows a borrower to refinance without having to verify their income and assets. An appraisal isn’t required either making it extremely easy for you the client!

  • Skip a mortgage payment which typically puts a few thousand tax free in your pocket!
  • No Deposit or upfront fees to start the process
  • No Appraisal (Value of no concern)
  • No Income verification which means a very minimal amount of document and a very easy process.
  • We work with ALL credit scores
  • In some cases, reduce your monthly Mortgage Insurance!
  • Obtain a low fixed rate, with the easiest process!
  • Reduce the payback timeframe on your loan

https://www.hud.gov/program_offices/housing/sfh/ins/streamline – Information directly from the sponsors of the program, U.S. Department of Housing and Urban Development.

Why pay more than you have to?  Talk to a mortgage expert today by calling 1.800.391.4306 or submit a quick app here!

Disclaimer This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. Credit and collateral are subject to approval. Equal Housing Lender.

APPLY HERE

Loan Tracking System - The JFQ Lending, Inc. Promise

One of the huge benefits of using JFQ Lending, Inc. to refinance your home is that once you close we will continue tracking the interest rates on your home.  After closing on your refinance if we can ever put you into a better mortgage with a lower interest rate or more favorable terms, we will proactively reach out and let you know so that you pay the least amount possible to own your home.  No more worrying about watching interest rates!

I'd like to get cash out of my home

CASH OUT

At JFQ Lending, Inc. our expert mortgage team will review your current goals and customize a mortgage solution for your needs. 

Why take cash out of my home?

  1. Pay off high interest debt
  2. Home improvements/renovation project
  3. Plan for college/weddings/family events
  4. Starting a business

At JFQ Lending, Inc. our expert mortgage team will review your current goals and custom a mortgage solution for your needs.   Cash out can be used in many different ways including: debt consolidation, home improvements, dream vacations, personal reasons, starting a business, or anything you need a large sum of money to help with!  It is our personal goal to listen to your needs and put together a mortgage that fits you and your family.  The below example shows how you can benefit from using the current equity in your home.

How does taking cash out help me?

Consolidate your debt- Many of our clients that are looking to save month to month use this option to save hundreds if not thousands on their monthly bills.  Using the equity you’ve built in your home you can get rid of high interest rate loans, credit cards, large vehicle payments, or any personal loans you want to lower your payments on. 

For example: Let’s say you owe 200,000 on your 30 year mortgage at 4.5% (which makes your principal and interest payment $1,013.37).  You have a high interest car loan (72 month loan at 50k balance and 12% interest) making your payment $977.51.  Between the two payments you’re currently paying a combined monthly 1990.88 a month.  By consolidating them into even the same 4.5% rate on new secure 30 year mortgage, your new payment would be $1,266.71, saving you a whopping $724.17 a month!

Disclaimer This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. Credit and collateral are subject to approval. Equal Housing Lender.

APPLY HERE

My Credit Isn't Perfect
Is your credit less than perfect? That may not be a problem!  In many cases we can help with credit scores as low as 550 to help put you in a better financial position.  If you are already in an FHA, VA or HARP loan we may even be able to help with just about any credit score!  You never know unless you check and we have the programs to be able to potentially get your credit scores and finances back to where you want to be.

Disclaimer: This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. Credit and collateral are subject to approval. Equal Housing Lender.

APPLY HERE

I'm a vet and I'd like to reduce my rate

VA IRRRL

If you are a Veteran with an existing VA mortgage, let us help you with a reduction in interest rate, payment, and even the length of your mortgage in some cases.  This is the easiest way possible to refinance with the benefits of no appraisal, no income documentation, and most cases no cash to close!  Once we speak with you, you will truly understand the ease of this process and added benefits of:

  • Skip a mortgage payment
  • No Deposit
  • No Income Verification
  • No Appraisal (Value of no concern)
  • No Asset Verification
  • No Credit Score Requirements
  • Investment homes Eligible
  • Mortgage late = No problem! Just make sure you’re current at close
  • Extremely quick closing timeframes
  • The JFQ Lending, Inc. ‘Pick and Pop’ custom term selector

A common frustration with refinancing is clients feel you have to go back to a 30 year mortgage and repay all of that interest. Not True! JFQ Lending, Inc. offers a wide array of products including specialized mortgages to fit the length of time you currently have remaining on the loan. We can customized the term anywhere between 8-30 years. This way if you just wish to cut a few years off your payback timeframe, or just drop your rate and keep paying it off at your same pace, we have options! Benefits of the pick and pop:

  • Select any term from 8-30 years to customize your payment to a comfortable level
  • Very popular loan option when paying off debt so you aren’t starting over on your mortgage
  • Save Tens of thousands of dollars by reducing your term and keeping your payment the same if you can get a rate low enough!

Disclaimer This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. Credit and collateral are subject to approval. Equal Housing Lender. APPLY HERE

I want to get rid of my PMI (mortgage insurance)

One of the biggest benefits you will gain through working with JFQ Lending, Inc. is walking away after the transaction knowing you received the best available mortgage for current market conditions.  We know many clients don’t exactly enjoy paying monthly mortgage insurance, so let us help you get rid of it!  After reviewing your current mortgage situation we have a number of different programs that will either greatly reduce or even rid you of the pesky monthly PMI you currently pay, and ultimately keep more money in your pocket.

How does PMI work and am I eligible to have it removed?

PMI (Private mortgage Insurance), is typically required when you put less than 20 percent down on your home during purchase, or if you are currently in an FHA loan.  The purpose is to insure your mortgage against default, even if you do pay your monthly payment on time each and every month.  In many cases with just getting rid of the PMI alone, you can have a large benefit in doing a refinance with JFQ Lending, Inc. 

Eligibility greatly depends on the increase in the value of your home since the time of purchase, your credit score, and what it is you’re wanting to accomplish with a new refinance.  Even if you are questioning whether or not this program would work for you, we are more than happy to complete a free mortgage review to see if this would be worth your while, just give us a call at 1.800.391.4306  and talk to one of our experts. Or submit a quick App here.

Disclaimer This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. Credit and collateral are subject to approval. Equal Housing Lender.

APPLY HERE

Can JFQ Lending, Inc. match or beat quotes?

You have worked very hard to buy your home, now let us work for you!  Upon qualification we will match or typically beat any deal you can provide to us in writing! *  This is an area of specialty for our experts, so were overly confident we can get you what you are looking for.  Nowhere else will you get the individual service you deserve like JFQ Lending, Inc.  With the most knowledgeable mortgage experts, private client service, and best pricing it only makes sense to work with us.  Give us a call at 1.800.391.4306 5 now to get started. 

  • No escrow Waiver fee
  • Defer up to 2 months’ payments
  • Low Fixed and 5/7 year hybrid arms
  • All information securely transferred electronically

Disclaimer This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. Credit and collateral are subject to approval. Equal Housing Lender.

APPLY HERE

Refinance and Save!

At JFQ Lending, Inc. it is not only our goal but our responsibility to ensure we put you and your family into the right mortgage. We have dozens of products including special shorter term loans like a 28 or a 29 year fixed loan to help you save thousands and thousands of dollars in interest!