Dennis Hardy

Inlanta Mortgage offers refinance and purchase options in Wisconsin on single family homes, duplexes, 2-4 unit properties, low rise condos, townhouse, 2nd homes, vacation properties, PUDS, and many others. Refinance or purchase now to get a lower rate, turn your adjustable into a fixed rate and get fast cash. Wisconsin refinance Loans are a great way to consolidate debt into one easy monthly payment.

Our most popular Wisconsin refinance and purchase programs offered by Inlanta Mortgage are listed below:

Conventional/Conforming Refinance and purchase in Wisconsin:
Up to 95% Purchase
Rate and term refinance
Cash out refinance
Debt consolidation refinance

Wisconsin refinance loans are usually used to change an existing loan to a more attractive loan offering lower interest rates. Refinance now to get a lower rate, turn your adjustable into a fixed rate and get fast cash. Refinance loans that allow you to use up to 100% of the value of your home if you qualify. Refinance your home for payment reduction or simply accessing additional cash. How long you plan on keeping your house affects if refinance loans are best for you. The only way to know with certainty whether it makes sense to pay points or not when you refinance a mortgage is to see a written comparison analysis between different rate and fee structures so you can see for yourself if it makes sense to pay points. If your existing conventional, FHA or VA loan has a higher than market interest rate, you may be eligible for one of several "streamline" refinance programs at Inlanta Mortgage.

Cash Out Refinance loans are subject to higher Credit and Loan to Value restrictions than no-cash-out refinance loans. Even in today's market Inlanta Mortgage still offers a cash out refinance to 100% of the homes value. This program will not be around forever so if you are thinking of a refinance to 100% you should start the process now.

FHA Refinance and Purchase in Wisconsin:
96.5% Purchase or 100% no money down purchase with gift funds
Rate and term FHA refinance
Cash out FHA refinance
Streamline FHA refinance (FHA to FHA)

Wisconsin FHA refinancing is a great way to pay off a current adjustable rate mortgage or to take cash out up to a 85% Loan-to-Value on a property. Streamline refinance loans are a great solution for homeowners who already have an FHA loan, but have a high fixed interest rate or who have a variable interest rate. FHA streamline loans are only available to current FHA-insured homeowners who wish to reduce their monthly payments, however FHA refinance loans are also available to borrowers who have conventional or even subprime mortgages. An FHA streamline refinance may not require an appraisal.

VA Refinance and purchase in Wisconsin:
100% no money down purchase
Rate and term VA refinance
Cash out VA refinance
Interest Rate Reduction Refinance Loans (IRRRL) (VA to VA)

Wisconsin VA refinance loans are a great refinance option. VA refinance loans are available for up to 100 percent of your home's value. VA refinance loans are good for anyone looking to reduce their monthly expenses. VA cash out refinance loans are available for homes that are your principal residence. The VA guidelines allow you to cash out refinance up to 90% of the appraised value of the home plus allowing for many of the closing costs to be rolled into the loan amount as long as the property meets the designated loan to value ratio.

For additional refinance or purchase information visit out website at http://www.MadisonMortgageguys.com.

Inlanta Mortgage is your Wisconsin Mortgage Banker:

Brian Collins
Toll Free: 877-240-5810 x106
brian.collins@www.madisonmortgageguys.com
www.madisonmortgageguys.com

Visit my blog at http://www.madisonmortgageguys.com/blogs_brian_collins/

Some recent blog entries:

http://www.madisonmortgageguys.com/blogs_brian_collins/content/fha-streamline-refinance-in-wisconsin-and-illinois/

http://www.madisonmortgageguys.com/blogs_brian_collins/content/should-i-refinance-my-wisconsin-mortgage-mortgage-rates-are-still-low/

http://www.madisonmortgageguys.com/blogs_brian_collins/content/no-and-low-down-payment-mortgage-in-wisconsin-fha-va-and-usda/

http://www.madisonmortgageguys.com/blogs_brian_collins/content/no-money-down-first-time-homeowner-loans-in-illinois-fha-va-and-rural-housing/

http://www.madisonmortgageguys.com/blogs_brian_collins/content/fha-streamline-refinance-loans-for-wisconsin-and-illinois-residents/

Wisconsin mortgage programs:

First Time Home Buyer
FHA Streamline Refinance
No Money Down
Refinance
FHA
Cash Out Refinance
Rural Housing
VA Streamline Refinance
Jumbo Loans
VA Mortgage
Jumbo VA Loans
Interest Only Loans
Government Mortgage Loans
Non Owner/Investment Property
Debt Consolidation Loans
Fannie Mae Refinance Plus to 105%

Wisconsin: VA, FHA, Refinance, jumbo loans, cash out FHA refinance, FHA no money down no down payment mortgage

Qualify for a Wisconsin Refinance: Conventional, FHA and VA: Cash Out, Streamline or Rate and Term: Appleton, Madison, Milwaukee, Sun Prairie, Stoughton, Waunakee, Racine, Waukesha

Prequalify for a Wisconsin Mortgage: Madison, Appleton, Middleton, Green Bay, Stoughton, Sun Prairie, Oregon

Owning your own Wisconsin home has several advantages besides the obvious satisfaction you get from home-ownership. You can build equity and enjoy tax deductions, and the quality of your life is greatly improved.

Whether you are a first time home buyer, a renter, or you are purchasing a new or second home, we have an assortment of tools and loan programs to meet your individual financing needs. Use our easy to navigate site, or contact us directly by phone or by pre-qualifying online.

We can help you realize your Wisconsin homeownership dreams by offering you all the best advantages:

- Low Rates
- Easy Online Application
- All Types of Mortgage Programs
- Guidance and Advice from an experienced Loan Professional

Take a look at our mortgage rates page to view current Wisconsin mortgage rates updated daily!

Looking for a property and need loan pre-approval? Apply online to be pre-approved for the loan you want.

Brian Collins
Toll Free: 877-240-5810 x106
brian.collins@madisonmortgageguys.com
http://www.MadisonMortgageguys.com

Visit my blog at http://www.madisonmortgageguys.com/blogs_brian_collins/

Recent blog posts:

http://www.madisonmortgageguys.com/blogs_brian_collins/content/first-time-home-buyer-tips-for-wisconsin-residents-appleton-madison-milwaukee/

http://www.madisonmortgageguys.com/blogs_brian_collins/content/no-and-low-down-payment-mortgage-in-wisconsin-fha-va-and-usda/

http://www.madisonmortgageguys.com/blogs_brian_collins/content/no-down-payment-mortgage-in-wisconsin-usda-rural-housing/

http://www.madisonmortgageguys.com/blogs_brian_collins/content/no-money-down-first-time-homeowner-loans-in-illinois-fha-va-and-rural-housing/

http://www.madisonmortgageguys.com/blogs_brian_collins/content/fha-streamline-refinance-in-wisconsin-and-illinois/

http://www.madisonmortgageguys.com/blogs_brian_collins/content/fha-mortgage-loans-in-appleton-wisconsin-no-money-down/

http://www.madisonmortgageguys.com/blogs_brian_collins/content/prequalify-for-a-wisconsin-mortgage-conventional-fha-va-and-rural-housing/

No Down Payment, VA, FHA, Refinance, Rural, First Time Home Buyer in Wisconsin

Wisconsin no down payment home loans enable those who have not been able to save for a down payment to realize the dream of home ownership. Inlanta Mortgage offers three mortgage programs still available with no money down 100% financing for all Wisconsin residents:

• FHA Loans (requires 3.5% down)
• VA Loans
• Rural Housing Loans

Wisconsin FHA Loans:

FHA loans are federally insured loans that allow buyers who have little or no credit history, coupled with limited funds available for down payment, to obtain a mortgage with a great interest rate and low monthly payments. FHA home loans are available for Wisconsin first time buyers and for borrowers that have not used an FHA home loan in the past 3 years. Wisconsin FHA mortgage loans are assumable and streamline refinancing to lower the interest rate is available.

Wisconsin VA Loans:

Wisconsin VA loans continue to be eligible for 100% financing, of course only those few borrowers with a VA Certificate of Eligibility are able to qualify for this loan. In addition to no down payment, VA home loans have the added benefit of not requiring PMI or private mortgage insurance. VA mortgage loans are guaranteed by The Department of Veterans Affairs, but are made by private lenders to eligible veterans for the purchase of a home. VA loans offer up to 100% financing on the value of a home.

Wisconsin Rural Housing Loans:

Wisconsin Rural home loans are optimal for first time home buyers in approved Rural Housing Service areas. USDA rural housing loan programs allow qualified homebuyers to get loans with minimal closing costs and no down payment. The purpose of this loan program is to enable eligible low and moderate income (up to 115 percent of the Area Median Family Income) rural residents to acquire modestly priced housing for their own use as a primary residence. The Guarantee Rural Housing Loans also have flexible credit standards, expanded qualifying ratios, no maximum purchase price limits and generous income limits.

A Wisconsin no money down mortgage loan is an excellent choice for a home buyer, who may not have enough money for the standard 20% down payment.

Visit our website at http://www.madisonmortgageguys.com for detailed program information and current mortgage rates.

Dennis Hardy
Toll Free: 877-240-5810 x104
dennis.hardy@madisonmortgageguys.com
http://www.madisonmortgageguys.com

Visit my blog at http://www.madisonmortgageguys.com/blog/

Wisconsin communities Appleton | Waukesha | Oshkosh | Lake Geneva | De Pere | Waunakee | Fremont | Stoughton | New London | Sun Prairie | Neenah | West Bend | Waupaca | Wisconsin Dells | Green Lake | Portage | Fond Du Lac | Racine | Chilton | Madison | Monroe | Kenosha | Watertown | Milwaukee | Wausau | Menomonee Falls | Janesville | Eau Claire

Visit my rural housing blog post at http://www.madisonmortgageguys.com/blog/content/illinois-rural-housing-wisconsin-rural-housing-mortgage-loans/

Visit my FHA mortgage blog post at http://www.madisonmortgageguys.com/blog/content/fha-loans-in-illinois-and-wisconsin-including-chicago-fha-milwaukee-and-madison/

Visit my no money down blog post at http://www.madisonmortgageguys.com/blog/content/illinois-no-money-down-wisconsin-no-money-down-mortgage-loans/

http://www.madisonmortgageguys.com/blog/content/illinois-and-wisconsin-fha-refinance-cash-out-refinance-and-streamline-refinance/

http://www.madisonmortgageguys.com/government_loans/fha_wisconsin/index.htm

http://www.madisonmortgageguys.com/blog/content/first-time-home-buyer-information-for-illinois-and-wisconsin-residents/

http://www.madisonmortgageguys.com/first_time_home_buyer_wisconsin/index.htm

http://www.madisonmortgageguys.com/blog/content/illinois-no-money-down-first-time-home-buyer-loans-fha-va-and-rural-housing/

http://www.madisonmortgageguys.com/va.htm

No Down Payment, VA, FHA, Refinance, Rural, First Time Home Buyer in Menasha, Kimberly, Winnebago, Green Bay, Neenah and Appleton, Wisconsin

USDA loans can go up to 102%, VA loans to 100%, while FHA loans may require a 3.5% down payment but this can come from a family member as a gift. Our No Money Down Mortgage loans are available for borrowers to purchase a one thru four family home or condominium. Not only does HUD want to offer Zero Down loans, but they want to allow the borrower to roll some of the closing costs into the loan up to a maximum loan value of 103% (rural housing loans only) of the selling price.

While most Wisconsin mortgage loan products are being scaled back due to associated credit risk, the USDA Rural Housing loan is still allowing borrowers to finance 100% (no down payment) and then some to buy their homes.

The USDA Rural Housing loan works a lot like a VA loan with a couple of differences that are beneficial to buyers with little or no cash on hand. A VA loan has a 2.15% funding fee for the first use; USDA loans have a 2% funding fee for all uses (in both the VA and USDA loan, the funding fee can be added to the loan amount and financed into the loan). A VA loan has a 3.3% funding fee for all subsequent uses of a veteran's eligibility; the USDA loan is always 2%. Because of the lower funding fee, a USDA loan will result in a lower mortgage amount and, thus, a lower monthly payment.

The biggest difference is that with a USDA Rural Housing loan, ANY AND ALL CLOSING COSTS AND PREPAIDS THAT AREN'T PAID BY THE SELLER CAN BE FINANCED INTO THE LOAN AMOUNT! The appraisal will need to support it but a USDA loan allows 102% financing. So let's say you or your client is purchasing a home that is $150,000 and it appraises for $155,000. If you add the 2% fee, the loan amount would be $153,000. Let's assume that closing costs and prepaids not being paid by the seller equal $2,500, which, on a VA loan, would have to be paid by the buyer at closing in these circumstances. On a USDA Rural Housing loan, the buyer in this case can finance up to $158,100 (102% of the appraised value of $155,000). Therefore, the buyer can finance $155,500 (100% of the sales price plus the 2% fee plus the $2,500 in closing costs and prepaids that aren't being paid by the seller) and come to closing with ABSOLUTELY NO MONEY! In fact, we always try to make the numbers work to the point that a buyer gets their earnest money back at closing.

Some people will say that a 100% loan "is part of the reason we are in the credit mess we are in in this country"; however, a USDA Rural Housing loan is 100% 30 YEAR FIXED RATE mortgage that ALL BUYERS must qualify for. They don't allow stated income whatsoever and make sure that the buyer will qualify for the payment amount and they have a maximum debt to income ratio that is used to insure this.

While there are restrictions on income and geographical locations of where the USDA Rural Housing loan will work, you will find them to be very lenient. A lot of areas in Wisconsin and Illinois are eligible for these loans and you may be pleasantly surprised to find that you have areas that you work with that are eligible.

If you would like to apply for a Wisconsin USDA Rural Housing home loan, please visit our website at http://www.madisonmortgageguys.com.

Visit our Rural Housing page for additional Wisconsin and Illinois rural housing program requirements including income limits and property eligibility:
http://www.madisonmortgageguys.com/government_loans/rural_housing/index.htm

Dennis Hardy
Toll Free: 877-240-5810 x104
dennis.hardy@madisonmortgageguys.com
http://www.madisonmortgageguys.com

Visit my blog at http://www.madisonmortgageguys.com/blog/

Visit my rural housing blog post at http://www.madisonmortgageguys.com/blog/content/wisconsin-and-illinois-rural-housing-mortgage-loans/

http://www.madisonmortgageguys.com/blog/content/illinois-rural-housing-and-wisconsin-rural-housing-mortgage-loans/

http://www.madisonmortgageguys.com/blog/content/rural-mortgage-loans-in-illinois-and-wisconsin/

http://www.madisonmortgageguys.com/blog/content/usda-rural-housing-mortgage-loans-in-illinois-and-wisconsin-no-money-down/

FHA offers several different options to homeowners who are considering an FHA refinance mortgage in Wisconsin:

FHA Rate and Term Refinance:
FHA refinance mortgage loans afford Wisconsin borrowers the ability to refinance any kind of mortgage loan that they now have with an FHA refinance. FHA refinances are becoming increasingly popular among homeowners trying to refinance out of subprime loans. FHA refinance loans have helped many homeowners who may have no other options when it comes to refinancing.

FHA Cash Out Refinance:
FHA Cash out refinance loans provide the flexibility and variety so that individuals in Wisconsin can meet a diverse range of needs, such as: obtaining cash for home improvements or major purchases paying off high interest rate debt (credit cards, auto loans, etc.) FHA refinance loans can lend up to 85% cash out of the home's value, and you can use the cash however you choose.

FHA Streamline Refinance:
This refinancing option is considered streamlined because it allows you to reduce the interest rate on your current home loan quickly and oftentimes without an appraisal. FHA Streamline refinance program is one of the most popular federal rate reduction programs available to homeowners in Wisconsin. FHA streamline refinances do not require credit underwriting, unless the principal balance is increasing, in which case, HUD requires a 12 month payment history.

If your home loan is currently FHA insured you can use what we refer to as a "Streamline Refinance".

●The mortgage to be refinanced must already be FHA insured.
●The mortgage to be refinanced should be current (not delinquent).
●The refinance is to result in a lowering of the borrower's monthly principal and interest payments.
●No cash may be taken out on mortgages refinanced using the streamline refinance process.

For more information on Wisconsin FHA refinance, FHA cash out refinance and FHA purchase loans please visit our site at http://www.MadisonMortgageguys.com.

To view additional FHA loans requirements visit our FHA Loan page or FHA Streamline Refinance page on our website.

Also view our other Government Loans including VA and Rural Housing.

Inlanta Mortgage is your Wisconsin FHA Mortgage Banker:

Brian Collins
Toll Free: 877-240-5810 x106
brian.collins@www.madisonmortgageguys.com
http://www.MadisonMortgageguys.com

Visit my blog at http://www.madisonmortgageguys.com/blogs_brian_collins/

http://www.madisonmortgageguys.com/government_loans/fha_streamline_refinance/index.htm

Recent FHA blog posts:

http://www.madisonmortgageguys.com/blogs_brian_collins/content/no-money-down-fha-va-rural-housing-in-greendale-pewaukee-green-bay-milwaukee-franklin-and-west-allis-wisconsin/

http://www.madisonmortgageguys.com/blogs_brian_collins/content/fha-streamline-refinance-in-wisconsin-and-illinois/

http://www.madisonmortgageguys.com/blogs_brian_collins/content/no-money-down-first-time-homeowner-loans-in-illinois-fha-va-and-rural-housing/