Ready to invest in your Future Dream home?
Linour Lending provides the option to refinance your existing mortgage, allowing for more favorable payment terms that better suit your financial situation.
Conventional Refinance Loan
- No need for Private Mortgage Insurance required if you provide with 20% down payment.
- You can customize your current interest rates and payment terms to suit your payment plans
- You can obtain a Refinance cash out and use it to settle a current debt, or invest in a home improvement project.
- You can adapt your term options from 8 and 30 years
Conventional Refinance Loan is perfect for you?
A Loan Manager will contact you
Not the Loan You're Looking for?
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FHA Refinance Loan
- Greater credit flexibility to meet your changing needs.
- Protect your investment with additional mortgage insurance.
- Choose from a variety of term options, from 8 to 30 years.
VA Refinance Loan
- Tailored for the heroes among us — active duty, reservists, and veterans.
- Enjoy the privilege of no mortgage insurance.
- Flexible credit requirements with adaptable term options.
Jumbo Refinance Loan
- Refinance larger loan amounts with ease.
- Prepare for higher reserve requirements.
- Meet specific debt-to-income ratios for financial harmony.
- Your choice of term length to align with your financial vision.
Frequently Asked Questions About Loan Refinance
Can’t find the answer you’re looking for? Reach out to one of our qualified loan offcers team.
A Conventional loan replaces an existing mortgage with new terms, rates, or loan amounts, not backed by government entities.
Homeowners with a stable income, good credit score, and equity in their home typically qualify.
Lower interest rates, reduced monthly payments, shorter loan terms, or converting from adjustable-rate to fixed-rate mortgages.
Begin by contacting a lender, completing a loan application, and providing necessary documentation for assessment.
Recent pay stubs, W-2s and/or tax returns, bank statements, and asset information are standard requirements.
Varies by lender, but typically at least 3% equity is required.
Most conventional loans allow for early payoff without penalties, but verify with your specific loan terms.
Generally takes 15 to 30 days in California, though it can be faster with pre-approval and prompt documentation.
Expect appraisal, origination, title, and other closing costs, which can sometimes be rolled into the loan balance.