Refinance Products

I have an existing FHA mortgage, and would like to reduce my monthly payments.

MegaStar Financial offers the Federal Housing Administration Loan (FHA), to assist borrowers who may need a higher loan to value and flexible mortgage guidelines. The FHA loan is a great product that helps many people refinance.

Additional Information

• Under the FHA streamline program, current FHA loan borrowers can refinance with no appraisal.
• Up to 97.75% loan to value for a rate and term refinances.
• Up to 85% loan to value for cash out refinances.

I want to get cash out of my property.

At MegaStar Financial, our Fixed Rate Conventional Mortgages offer the confidence of knowing your rate and payment will not change for the term of your loan. This is a great program for anyone planning on being in their home for a longer period of time.

Additional Information

 Cash out up to 85%
 Minimum FICO 620
 Maximum loan amount of $420,100 (Higher in delegated high cost counties.)
 Unlimited cash out

I am a veteran

MegaStar Financial is proud to offer those who have served and are currently serving the Veteran's Affairs (VA) loan. The VA loan is an excellent loan that can assist our veterans who may want to refinance to take advantage of a lower interest rate via an interest rate reduction refinance loan (IRRRL) or cash out.

• Up to 100% of the home's value for cash out.
• VA interest rate reduction refinance loan (IRRRL) simplifies the refinance process. Cash out not allowed.
• Second home and investment properties allowed with the VA interest rate reduction refinance loan (IRRRL). See your MegaStar Mortgage Loan Officer for details.