Com is not a cash advance processors and does not make loan or credit decisions. WhiteRockLoans. com connects interested persons with a lender from its network of approved lenders. WhiteRockLoans. com does not control and is not responsible for the actions or inactions of any lender, is not an agent, representative or broker of any lender, and does not endorse any lender.
WhiteRockLoans. com receives compensation from its lenders, often based on a ping-tree model similar to Google AdWords where the highest available bidder is connected to the consumer. Regardless, WhiteRockLoans. coms service is always free to you.
Some lenders on the Cash Advance® network may conduct a non- traditional credit check in order to determine your eligibility for a loan. Lenders typically do not conduct a credit inquiry with the three major credit bureaus: Transunion, Experian, or Equifax. If you do not repay your loan on time your lender may report this delinquency to one or more credit bureaus, which could have a negative impact on your credit cash advance processors. We encourage consumers with credit problems to consult a Credit Counseling company.
RENEWAL POLICY INFORMATION. Loan renewal policies are largely governed by state regulatory legislation.
Get the best refinance rate by being a low-risk borrower. But current rates are such that even mortgage applicants who dont fit neatly inside a box cash advance processors getting great rates. Conventional Streamline Refinance. Refinance shoppers often ask whether there is a conventional streamline refinance similar to an FHA streamline loan that does not require an appraisal or income verification.
Many homeowners who have a conventional loan now want to refinance that requires less paperwork. While there is not an official conventional streamline program, the HARP refinance comes close.
Most homeowners do not need an appraisal to use this loan. HARP is open to those with a Fannie Mae or Freddie Mac loan, and since these agencies have an appraisal on record, they usually dont require another one.
Documentation requirements are lower with HARP, mainly due to computerized approval systems. Most refinance applicants will only need to supply pay stubs, a W2, and a bank statement if any cash is required to close the cash advance processors.