Home Refinance Programs
Watch to see how the Educator Mortgage Program works:
Special programs available to:
Teachers, Faculty, Coaches, Librarians, Nurses, Secretaries, Custodial/Facilities Staff, School/District Leadership, Professors, Adjunct Faculty, Counselors, any ISD/Higher EDU/Private EDU employee.
Discounted Closing Costs1
- Up to $800 in reduced closing costs for you.
- We believe in education and giving back to teachers and the education field.
- Reduce the cost of refinancing a home.
Priority Loan Processing
- Educator Mortgage Program customers take priority.
- Educator Mortgage Program customer loans do not wait in line.
- Faster turn times and loan experience.
Donation To Your School2
- Up to $200 in Donations to your preferred school program.
- Pick any program you want (softball team, science lab, teachers lounge, etc.).
- So many programs are underfunded – we are here to help.
Educator Mortgage passes the “Give Back” test.
And we’re just getting started.
Estimated
So many programs today are underfunded,
and so many educators today need a break.
We are here to help!
Home Refinance Loans for Teachers and the Education Field
- Loan To Value up to 97.75%
- Credit Scores Down to 620
- Property Must Be Primary Residence
- Loan to Value up to 95%
- Credit Scores Down to 620
- Superior loan terms for higher credit borrowers
- Loan to Value up to 95%
- Credit Scores Down to 620
- Superior loan terms for higher credit borrowers
- Must be a Military Veteran to Qualify, Score down to 640
- Financing up to 100%
- Property Must Be Primary Residence
- Home must fall within USDA geographic area
- Income Limits Apply (must earn under a certain threshold)
- Financing up to 100%, Score down to 640
- Higher Loan Amount Loans, Typically over $417,000
- Credit Scores down to 700
- Competitive Fixed and ARM rates
- Loan to value up to 90%
- Credit Scores Down to 620
- Property cannot be income generating
- Loan to Value to 80%
- Credit Scores Down to 620
- Property intend to be income generating
- Lower Initial Payments and Interest Rates
- Payments and Rates Can Change Over Time
- Excellent solution for 5 or 7 Year Loan Needs
- Rate and Principle/Interest Payment Fixed for the life of the Loan
- Low Monthly Payments
- Most Popular Loan Program
- Rate and Principle/Interest Payment Fixed for the life of the Loan
- Lower Interest Rates than 30 Year Loan. 10/20/25 year loans also available.
- Pay Your Home Loan Off Faster, Huge Savings over the Term of the Loan
- Available for Fannie Mae or Freddie Mac Loans
- No appraisal Required
- Must be in current loan before June 2009.
- Must be in current FHA Loan
- No appraisal Required
- No Income Documentation Required
- Must be in current VA Loan
- No appraisal Required
- Must have VA Eligibility
- Must be in current USDA Loan
- No appraisal Required
- Credit Score down to 640
- Fannie Mae Cash Out up to 80% of the homes appraised value
- FHA Cash-Out up to 85% of the homes appraised value
- Appraisal Required
- Cash out can be used for any purpose