Revolution Mortgage is a new way to finance your home without the usual hassles. You could get approved in minutes with just one application for many different loan types or purchase a home outright with no closing costs. Apply today and have the money deposited directly into your bank account tomorrow.
What are revolution mortgage rates?
Revolution Mortgage offers many types of home loans, all with great terms. The most popular types are listed below.
– Traditional Fixed Rate Loans (15 year or 30-year term) with 0% down payment
– Interest Only IRRRL (a 5-year subprime loan for buying a primary residence with no minimum credit score required!)
– Cash Out Rehabilitation Loan (50% LTV available to qualified borrowers) LendKey is revolution mortgage’s trusted network of lenders who provide low-interest rates on a variety of mortgages, including – College loans – Debt consolidation – Home improvement financing – Business financing – Personal loans – Auto loans and more.
What is the revolution mortgage application process?
With just one loan application, it’s easy to see what type of loan you qualify for and how much you can afford. No matter your situation, we offer a home loan that will work for you. You will need to provide some basic information, including your name, address, social security number and an estimate of your income.
What are the revolution mortgage requirements?
LendKey requires that all applicants have a source of stable income, valid phone number and email address so they can communicate with you through the loan process. Lenders also typically require the following documents: – Bank statements for the past two months – A copy of your most recent federal tax return – Documentation on any other investment accounts – Social Security Cards or I-94 form from Customs (Note: All laws governing who may work in the US apply to borrowers regardless of their citizenship status)
What is the revolution mortgage approval process?
Lenders will review your loan application and provide you with an answer, typically within minutes. If your loan is approved, you will be notified by email or text message and have the money deposited directly into your bank account tomorrow.
What are revolution mortgage fees? Lenders do not charge any fees for their services as they make money from interest rates alone. In many cases, borrowers can take advantage of no closing costs to purchase a home with cash. Some lenders offer loans with very low closing costs via fee-for-service mortgages. These loans can often be a good option for those who need financing quickly because there may not be a need to wait for an appraisal or other details related to appraisal value.
What is the average revolution mortgage loan amount?
LendKey offers various types of home loans, including – Traditional Fixed Rate Loans (15 years or 30-year term) with 0% down payment – Interest Only IRRRL (a 5-year subprime loan for buying a primary residence with no minimum credit score required!) – Cash Out Rehabilitation Loan (50% LTV available to qualified borrowers)
The average home loan approval amount is $267,638. As such, the average debt-to-income ratio of an approved borrower is 43%. The current national mortgage rate for a 30 year fixed rate loan as of August 21, 2016, is 4.00%.
How much does it cost to refinance my revolution mortgage?
Depending on your situation, refinancing can have many benefits. You may be able to reduce your monthly payment or shorten the term of your loan. This will lower your total interest payments over the life of your loan and allow you to build equity faster.
How can I apply for a revolution mortgage?
LendKey makes it easy to get started today. In one application, provide some basic information (including your name, address, social security number, and estimated income). Review what type of loan you qualify for and borrow money tomorrow if you are approved!
Where is revolution mortgage available?
LendKey has thousands of lenders in their network that offer loans all over the country. This means they can likely connect you to a lender wherever your property is located! Suppose you need financing for another reason, such as an emergency or medical expense. In that case, LendKey offers personal loans directly via the platform without worrying about getting rejected by other lenders.