*Refinance waiting periods vary by loan program (FHA, VA, USDA, or Conventional), and borrowers are responsible for maintaining eligibility. Refinance on your terms—your one-time opportunity never expires. See the 'Eligibility & Waiting Periods' section below for full details.
To access our below-market refinance rates and enjoy the program’s full benefits, you must have partnered with the Lendesta Team—Modus Mortgage as your loan officer and Kelly Right Real Estate as your agent—for your initial home purchase. Additional terms and conditions apply; refer to the refinance "Eligibility & Waiting Periods" section below for more information.
If you purchased your home through the Ready Set Own Today Program—using the Lendesta Team (Modus Mortgage as your loan officer and Kelly Right Real Estate as your agent) and you saved up to 5% off the sales price at closing—then as early as your sixth (6th)* on-time mortgage payment, you could qualify for a below-market refinance interest rate.
Your exclusive refinance opportunity never expires—you’re in full control! Whether it’s right after your waiting period (see waiting periods below), in a year, or even five years from now, you can refinance whenever it makes the most sense for you. As long as the required waiting period is met, our exclusive below-market rates will be available whenever you're ready to lower your monthly payment and maximize your savings.
Weekly Refinance Interest Rates
Rate Sheet for: 03/10/2025
| Loan Type | Interest Rate | APR | LTV | Credit Score |
|---|
Disclaimer: Rates and APRs are subject to change based on market conditions. Interest rate are based on several factors. The values listed above are based on a specific LTV ratio, credit score, $350,000 Property Value, 30-year fixed-rate, 1-unit Single Family Detached, and Primary Residence.
Rates and fees are subject to change without notice. All information provided is for illustrative purposes only. Actual rates may vary, please contact us for an official quote.
See Our Refinance Below-Market Interest Rates* —No Gimmicks, Just Real Savings
We understand that it’s easy to be skeptical in today's market when you hear about ‘special rates’ or ‘exclusive offers.’ But with the Lendesta Team, transparency is everything. That’s why we’re putting our below-market refinance rates in writing.
This isn’t a bait-and-switch. These real, competitive interest rates are available exclusively to homebuyers who purchased with the Ready Set Own program. If you’re serious about buying smart and refinancing even smarter, click below to see the numbers for yourself, and use our mortgage calculator to calculate your potential monthly savings.
FHA Streamline Refinance Eligibility
• Must have closed your initial purchase with an FHA Standard loan.
• Minimum FICO 580 for all qualifying borrowers (640 and above recommended).
• Income documentation is NOT required.
• New appraisal is NOT required.
• Maximum cashout of $500.
• 1-4 unit primary residences.
• No pre-payment penalties.
• Original borrowers cannot be removed.
• Borrower cannot have any late payments in the LAST 12 months.
Waiting Period:
• At least 6 consecutive on-time mortgage payments AND
• 210 days must have passed since the initial home purchase closing date.
VA IRRRL Refinance Eligibility
• Must have closed your initial purchase with a VA loan.
• Minimum FICO 580 for all qualifying borrowers (640 and above recommended).
• Certificate of Eligibility required.
• Income documentation is NOT required.
• New appraisal is NOT required.
• Finance up to 100% of the home’s value.
• No cash out to borrower at closing.
• 1-2 unit primary residences.
• No pre-payment penalties.
• Borrower cannot have any late payments in the LAST 12 months.
Waiting Period:
• At least 6 consecutive on-time mortgage payments AND
• 210 days must have passed since the first payment due date.
USDA Streamline Refinance Eligibility
• Must have closed your initial purchase with a USDA loan.
• Minimum FICO 580 for all qualifying borrowers (640 and above recommended).
• Property must be in an eligible rural area (or was at the time of purchase).
• Income documentation is NOT required.
• Finance up to 100% of the home’s value.
• In some cases, a new appraisal may be required.
• No cash out to borrower at closing.
• 1-unit primary residences only.
• No pre-payment penalties.
• Borrower cannot have more than 1 late payment in the LAST 6 months.
Waiting Period:
• At least 12 consecutive on-time mortgage payments.
Conventional Refinance Eligibility
• Minimum FICO 620 for all qualifying borrowers (700 and above recommended).
• Finance up to 95% to 97% of the home’s value.
• In some cases, the current loan must be owned by Fannie Mae or Freddie Mac.
• In some cases, a homeownership education certificate may be required.
• Income documents are required, and income eligibility limits may apply.
• Maximum cashout of $250 to the borrower at closing.
• 1-4 unit primary residences only.
• No pre-payment penalties.
• Borrower cannot have any late payments in the LAST 6 months.
Waiting Period:
• At least 6 - 12 consecutive on-time mortgage payments must have been made.
ELIGIBILITY & WAITING PERIODS
If you purchased your home through the Ready Set Own program, you can calculate your potential monthly savings by entering your current mortgage payment at the bottom of the calculator. Be sure to include your mortgage insurance, hazard insurance, and property taxes. Once entered, your estimated Monthly Savings will automatically appear. You can find your current mortgage payment details on your latest mortgage statement.
Ready to Get Started?
Once you are 2 to 3 mortgage payments away from being eligible to refinance, schedule your 30-minute consultation. I'll answer your questions, confirm your numbers and monthly savings, and walk you through the next steps to begin the refinance process.