GOVERNMENT LOAN PROGRAMS

 

FHA

  • Low 3.5% down payment

  • Up to 85% LTV on cash out refinance

  • Low FICOs allowed

  • Flexible credit and underwriting guidelines

  • Gift funds permissible for 100% of required investment and closing costs

FHA STREAMLINE

FHA to FHA Refinance 

  • Low FICOs allowed

  • Flexible credit  + underwriting guidelines

  • Mortgage only credit report accepted

  • May not need to document funds to close

  • Low fixed and variable rates

  • No appraisal requirement

  • No income verification

FHA CASH-OUT REFINANCE

  • Up to 85% of home's value

  • Flexible guidelines

  • Low rates

  • Finance Upfront Mortgage Insurance Premium

VA

  • No down payment

  • No monthly Private Mortgage Insurance (PMI)

  • Competitive rates

  • Flexible guidelines

  • Finance all closing costs

VA IRRRL

VA to VA Streamline Refinance

  • Low rates

  • No appraisal

  • No income verification

  • Finance closing costs

  • 100%+ financing

  • No credit score (case-by-case)

Interest Rate Reduction Refinance Loan​

VA CASH-OUT REFINANCE

  • Up to 100% of your home's value

  • Consolidate debt

  • Upgrade your home

  • Just pull out cash

  • Flexible guidelines

USDA

Low- to Moderate-income Rural Homes

  • 100% financing

  • Low rates

  • 30-year fixed mortgage

  • Finance closing cost​

  • Income requirements for eligible areas

Check address eligibility

Check income eligibility

CABRILLO MORTGAGE

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Contact

(619) 786-4478

3110 Camino del Rio S, Suite 312
San Diego, CA 92108

©2018 CABRILLO MORTGAGE

CA DRE 01264205, AZ MB 0948733
NMLS 292211
EQUAL HOUSING LENDER

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