Mortgage Refinance

• Refinance Smarter—with an Underwriter Reviewing Your Options.
• One Mortgage Review Could Reveal Better Options.

REFINANCE SOLUTIONS
Is Your Current Mortgage Still Working for You?
Lower Your Payment • Change Your Rate • Access Your Equity • Consolidate Debt

Your mortgage may have made sense when you first obtained it—but your financial situation, home value, income, debts and goals may have changed.
Whether you want to explore a lower monthly payment, change your loan term, access available home equity, consolidate higher-interest debt, or refinance an FHA, VA, conventional or Non-QM mortgage, MGB Financial Services, Inc. can help you compare your options.

30+ Years of Mortgage Experience
Underwriter Review of Your Loan Options

Your existing mortgage does not have to be with MGB Financial. We can review refinance options even when your current loan is with another lender or servicer.
FHA Streamline • VA IRRRL • Conventional • Cash-Out • Debt Consolidation • Home Equity / HELOC • Bank Statement • Non-QM • DSCR

[ CHECK MY REFINANCE OPTIONS ]

[ CHECK MY HOME EQUITY ]
WHAT WOULD YOU LIKE YOUR MORTGAGE TO DO FOR YOU?
Instead of starting with a loan program, start with your goal.

LOWER MY MONTHLY PAYMENT
Want to see whether refinancing could improve your monthly cash flow?
[ CHECK MY PAYMENT OPTIONS → ]
ACCESS MY HOME EQUITY

Your home may have built equity that could potentially be used for home improvements, major expenses, investments or other eligible purposes.
[ FIND OUT HOW MUCH EQUITY I MAY HAVE → ]

CONSOLIDATE HIGHER-INTEREST DEBT
Explore whether using available home equity to consolidate eligible credit cards or other higher-interest debts could make sense for your overall financial strategy.
[ REQUEST A DEBT CONSOLIDATION REVIEW → ]

FHA OR VA STREAMLINE
Already have an FHA or VA mortgage? You may have access to a streamlined refinance option.

[ CHECK STREAMLINE ELIGIBILITY → ]

SELF-EMPLOYED?
Traditional tax-return income doesn't work for everyone. Bank Statement, 1099, P&L and other alternative-documentation programs may be available.

[ EXPLORE SELF-EMPLOYED OPTIONS → ]

INVESTMENT PROPERTY?
Eligible investors may be able to refinance using the property's qualifying rental cash flow rather than traditional personal-income calculations.

[ EXPLORE DSCR REFINANCE → ]
EXPLORE YOUR REFINANCE OPTIONS

FHA STREAMLINE REFINANCE
Already Have an FHA Loan?
Eligible FHA homeowners may be able to refinance their existing FHA-insured mortgage using streamlined requirements.
Depending on the transaction and applicable guidelines, benefits may include:
• Reduced documentation compared with certain traditional refinances
• An appraisal may not be required in some transactions
• Opportunity to reduce the interest rate and/or monthly payment
• Potential conversion from an adjustable-rate to fixed-rate mortgage
• Streamlined qualification requirements for eligible borrowers
Your existing FHA loan does not need to be serviced by MGB Financial for us to review your options.

[ CHECK MY FHA STREAMLINE ELIGIBILITY ]
VA IRRRL / VA STREAMLINE REFINANCE
A Simpler Refinance Option for Eligible VA Homeowners

If you currently have an eligible VA-backed mortgage, a VA Interest Rate Reduction Refinance Loan (IRRRL) may provide a streamlined way to refinance.
Potential features may include:
• Opportunity to reduce your interest rate and/or payment
• Potential ARM-to-fixed-rate conversion
• Streamlined documentation
• An appraisal may not be required in certain circumstances
• Designed specifically for eligible existing VA borrowers

[ CHECK MY VA STREAMLINE OPTIONS ]
CONVENTIONAL REFINANCE
Your Circumstances Changed. Should Your Mortgage Change Too?

A conventional refinance may help eligible homeowners restructure their existing mortgage.
Depending on your situation, refinancing may allow you to:
• Reduce your interest rate
• Reduce your monthly principal and interest payment
• Shorten or change your loan term
• Convert an adjustable-rate mortgage to a fixed rate
• Remove eligible mortgage insurance
• Restructure your overall mortgage strategy
We'll compare your existing mortgage with available alternatives so you can see the numbers before deciding.

[ REQUEST MY REFINANCE COMPARISON ]
CASH-OUT REFINANCE
Your Home Equity May Give You More Financial Options

A cash-out refinance replaces your existing mortgage with a new, larger mortgage and allows you to receive a portion of your available equity in cash, subject to qualification and program limits.
Homeowners may consider cash-out refinancing for:
• Home improvements or renovations
• Consolidating eligible higher-interest debt
• Education expenses
• Major purchases or expenses
• Business purposes
• Investment opportunities
• Other eligible financial needs

How Much Equity Could You Access?
We'll help you estimate your available equity and compare a cash-out refinance with other possible home-equity solutions.
[ CHECK MY CASH-OUT OPTIONS ]
DEBT CONSOLIDATION REFINANCE
Could Your Home Equity Help Simplify Your Debt?
Credit cards and personal loans can carry significantly different interest rates and repayment structures from mortgage financing.
For homeowners with sufficient equity, a refinance may allow eligible debts to be consolidated into one mortgage payment.
But a lower monthly payment does not automatically mean a lower total cost.
Our review can help you compare:
• Current mortgage payment
• Current eligible debt payments
• Proposed mortgage payment
• Estimated closing costs
• New loan term
• Short-term monthly cash-flow difference
• Potential long-term borrowing cost

Consolidating unsecured debt into a mortgage also converts that debt into debt secured by your home. We believe that trade-off should be understood before you make a decision.
[ REQUEST MY DEBT CONSOLIDATION REVIEW ]
HOME EQUITY LOAN / HELOC
Like Your Current First Mortgage? You May Not Need to Replace It.
If you already have an attractive first-mortgage rate, refinancing the entire mortgage may not always be the best solution.
A Home Equity Loan or Home Equity Line of Credit (HELOC) may allow eligible homeowners to access available equity while keeping their existing first mortgage.
Funds may potentially be used for:
• Home improvements
• Major purchases
• Education expenses
• Debt consolidation
• Business needs
• Other eligible purposes

We'll help you compare your available home-equity choices with a full cash-out refinance.
[ FIND OUT HOW MUCH EQUITY I HAVE ]
[ EXPLORE HELOC / HOME EQUITY OPTIONS ]
SELF-EMPLOYED? DON'T ASSUME YOU CAN'T REFINANCE.
Alternative Documentation & Non-QM Refinance Options
A strong borrower doesn't always fit neatly into traditional tax-return income calculations.

MGB Financial Services can explore alternative-documentation refinance programs for eligible borrowers.
BANK STATEMENT PROGRAMS
Eligible self-employed borrowers may qualify using personal or business bank statements instead of traditional tax-return income calculations.
[ CHECK BANK STATEMENT OPTIONS → ]

1099 PROGRAMS
Eligible independent contractors and 1099 earners may have refinance options using alternative income documentation.
[ CHECK 1099 OPTIONS → ]

PROFIT & LOSS PROGRAMS
Certain programs may consider eligible Profit & Loss documentation for qualified self-employed borrowers.
[ CHECK P&L OPTIONS → ]

ASSET QUALIFICATION
For borrowers with substantial eligible assets, certain programs may use those assets to help establish qualifying income.
[ CHECK ASSET-BASED OPTIONS → ]

DSCR INVESTMENT PROPERTY REFINANCE
Real estate investors may have programs that qualify primarily using eligible rental-property cash flow rather than traditional personal income.
[ CHECK DSCR OPTIONS → ]

Not Sure Which Program Fits?
That's where our experience can help.
[ HAVE AN UNDERWRITER REVIEW MY OPTIONS ]
SHOULD YOU REFINANCE?
A Lower Rate Alone Doesn't Tell the Whole Story.
Refinancing may make sense when your new mortgage improves your financial position or helps accomplish an important financial objective.
You may want to explore refinancing if you are trying to:
✓ Reduce your interest rate
✓ Reduce your monthly principal and interest payment
✓ Change your loan term
✓ Convert from an adjustable to fixed rate
✓ Access available home equity
✓ Consolidate eligible higher-interest debt
✓ Refinance an FHA or VA mortgage
✓ Remove eligible mortgage insurance
✓ Restructure an investment-property loan
✓ Find an alternative-documentation solution
✓ Change your overall mortgage strategy

But refinancing also involves factors such as closing costs, the new loan amount, remaining term on your current mortgage, the new loan term, mortgage insurance where applicable and how long you expect to keep the property.

That's why we believe the right question isn't simply:
“Can I get a lower rate?”
The better question is:
“Does this refinance make financial sense for me?”
[ LET MGB REVIEW MY CURRENT MORTGAGE ]
CURRENT MORTGAGE VS. PROPOSED REFINANCE
See the Numbers Before You Make the Decision

Before moving forward, we'll help you compare important factors such as:
Current Mortgage
• Current interest rate
• Current monthly payment
• Current loan balance
• Remaining loan term
• Existing mortgage insurance, if applicable

Proposed Refinance
• Proposed interest rate
• Proposed monthly payment
• New loan amount
• New loan term
• Estimated closing costs
• Mortgage insurance, if applicable
• Estimated monthly payment difference
• Potential break-even period

The goal is to help you understand both the immediate benefit and longer-term impact before choosing a refinance strategy.
[ REQUEST MY COMPLIMENTARY REFINANCE REVIEW ]
THE MGB REFINANCE PROCESS
Straightforward Guidance From Review Through Closing

1. TELL US ABOUT YOUR CURRENT MORTGAGE
Provide basic information about your property, existing mortgage and what you want to accomplish.

2. UNDERWRITER REVIEW OF YOUR OPTIONS
Your information is reviewed from an underwriting perspective to help identify programs that may fit your situation.

3. COMPARE AVAILABLE LOAN SCENARIOS
Review applicable loan options, potential payments, terms, estimated closing costs and qualification requirements.

4. CHOOSE YOUR OPTION & APPLY
If you decide to proceed, complete the appropriate mortgage application and provide the required documentation.

5. PROCESSING & UNDERWRITING
Your file moves through processing and applicable lender underwriting.

6. APPRAISAL — IF REQUIRED
Some refinance programs require an appraisal. Certain eligible streamline transactions may not.

7. FINAL APPROVAL & CLOSING
Once applicable underwriting conditions have been satisfied and final approval is received, the loan can proceed to closing.
WHY REFINANCE WITH MGB FINANCIAL?
30+ Years of Mortgage Experience
Mortgage financing isn't one-size-fits-all.
For more than 30 years, MGB Financial Services has helped borrowers explore mortgage solutions for a wide variety of financial circumstances.

UNDERWRITER PERSPECTIVE
We don't just ask, “Which loan do you want?”
We look at your mortgage from a qualification and underwriting perspective and help identify programs that may fit your circumstances.

MULTIPLE REFINANCE SOLUTIONS
We can explore options including:

FHA Streamline
VA IRRRL / Streamline
Conventional Refinance
Cash-Out Refinance
Debt Consolidation
Home Equity / HELOC
Bank Statement Programs
1099 Programs
Profit & Loss Programs
Asset-Based Programs
Non-QM Programs
Investment Property / DSCR

YOUR CURRENT LOAN CAN BE SOMEWHERE ELSE
You don't need to have obtained your existing mortgage through MGB Financial.
Bring us your current mortgage statement and we'll help you explore available alternatives.
READY TO SEE WHETHER YOUR MORTGAGE CAN WORK BETTER FOR YOU?
Start With a Refinance Review
You don't have to know which loan program you need.

Tell us what you're trying to accomplish and we'll help you determine which options may be worth exploring.

OPTION 1 — QUICK REFINANCE REVIEW
Want to get started without completing a full mortgage application?
[ START QUICK REFINANCE REVIEW ]
OPTION 2 — FHA / VA STREAMLINE QUESTIONNAIRE
Already have an FHA or VA mortgage?
[ CHECK STREAMLINE ELIGIBILITY ]
OPTION 3 — FULL MORTGAGE APPLICATION
Ready to provide complete information and move forward?
[ COMPLETE FULL 1003 APPLICATION ]
NOT READY TO APPLY?

• Start With a Conversation.
• Have your latest mortgage statement available and tell us what you want to accomplish.
• We can discuss whether it may be worth exploring:
• Lower Payment • Cash-Out • Home Equity • Debt Consolidation • FHA Streamline • VA IRRRL • Conventional • Bank Statement • Non-QM • DSCR

MGB FINANCIAL SERVICES, INC.
30+ Years of Mortgage Experience
Underwriter Review of Your Loan Options
Phone: 562-809-2643
Email: Loan@MGBFinancial.com
Website: www.MGBFinancial.com

[ CHECK MY REFINANCE OPTIONS ]
[ CALL MGB FINANCIAL ]
[ START MY REFINANCE REVIEW ]
IMPORTANT INFORMATION
All loan programs are subject to borrower qualification, property eligibility, underwriting requirements, investor guidelines and program availability. Loan terms, rates, costs, documentation requirements and eligibility vary by program and borrower circumstances.
A refinance may result in a longer loan term or higher total interest expense even when the monthly payment is reduced. Debt consolidation through mortgage financing converts eligible unsecured debt into debt secured by the property.
No particular rate, payment, savings, loan amount or approval is guaranteed. A complete review of the borrower's financial information and applicable loan guidelines is required.
MGB Financial Services, Inc.
NMLS #257-608 / 280-127
 

Your current mortgage doesn't have to stay the same for the life of your loan.

Lower Your Payment · Change Your Rate · Access Your Equity · Consolidate Debt

Whether you want to reduce your monthly payment, change your loan term, move from an adjustable rate to a fixed rate, access home equity, consolidate higher-interest debt, or refinance an FHA or VA mortgage — MGB Financial can help you explore your options.

FHA Streamline · VA IRRRL · Conventional Refinance · Cash-Out · Debt Consolidation · Home Equity · Non-QM

Start Your Refinance Review