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What are the benefits of the Rate Reduction Program?

April 26, 2017Benefits program rate reduction

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What are the benefits of the Rate Reduction Program?

1 Answer

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Lower interest rate, lower payment and pay less interest. Appraisal of your home is NOT required. No bank statements, job verification or pay stubs are needed as the conventional underwriting process does NOT apply. No minimum FICO (credit) score. You may be able to “SKIP” 1 month’s mortgage payments after you refinance.