E Z Fi Refinances
Guidelines Are Constantly Changing
Loan Program Guidelines Are Subject To Change!!
for Single Family
On Line Refinancing Pre-Qualification Form
Loans/ No Ratio Loans Are
Available to both W-2 wage earners & Self Employed as: Full Doc, Stated Income or No Ratio...(Minimum credit scores apply)
Our "Full Doc" / no reserves verification option requires only a year to date paystub for wage earner, only one year personal tax return for self employed or commissioned!!! This isn't a misprint!!
No Longer Available In Maryland
Effective June 1, 2008
(new state law)
Our "Stated Income" / no reserves verification option allows debt ratios of 45% / 45%. See F.A.Q. page for debt ratio definitions...
Our "No Ratio" / no reserves verification option leaves the income section of the application blank. We don't ask. Debt ratios are not calculated...
Again, with all three options reserves are not verified unless funds are needed to close (closing costs can usually be financed...)
For wage earner Full Doc we don't ask for W-2, tax returns, bank statements. Nothing except a Y.T.D. paystub...
Some restrictions are....(others may apply)
Must have owned for at least one year...
Loan must be a rate / term transaction...
New payment or loan term must be decreasing to use this program...
please click here, select your state and
check with the lenders licensed in your state.