Looking for just the limited equity home loan programs in Tullahoma, TN that fit your unique situation? Start your free personalized mortgage review by clicking here.
Limited Equity Options for Refinancing a Home
We searched our national mortgage program database to find all of the refinance loan options specific to Tullahoma, TN:
HomeOne® Rate-and-Term Refinance
Best For: Limited Equity, Rate Reduction, Easy Process
HomeOne® from Freddie Mac allows for a 97% LTV refinance—so those with limited equity can refinance to a lower rate or different term.
Min. Credit Score
620
Min. Equity
3%
Max. Loan Amount
$806,500
USDA Refinance
Best For: Limited Equity, Rate Reduction, Zero Down, Easy Process
Refinance your existing USDA loan up to 100% of value for low to moderate income homebuyers in eligible rural areas.
Min. Credit Score
620
Min. Equity
0%
Max. Loan Amount
$806,500
Chase Jumbo Rate-and-Term Refinance
Best For: Limited Equity, Large Loan Amounts, Rate Reduction
Fixed and adjustable-rate jumbo mortgage options for loan amounts up to $3 million—as little as 10.01% equity in the home and flexible qualification.
Min. Credit Score
680
Min. Equity
10.01%
Max. Loan Amount
$3,000,000
Flagstar Jumbo Express Rate-and-Term Refinance
Best For: Limited Equity, Large Loan Amounts, Rate Reduction
Fixed rate jumbo mortgage options for loan amounts up to $3.5 million—as little as 15% equity in the home and flexible qualification.
Min. Credit Score
660
Min. Equity
15%
Max. Loan Amount
$3,500,000
Special Programs for Limited Equity
These additional loan programs available in Tullahoma, TN may provide help for down payment and closing costs, qualification for borrowers who don't fit the traditional mold, and unique portfolio programs for special situations.
FHA 203(k) Limited Renovation Refinance
Best For: Limited Equity, Low Credit Scores, Home Renovations
A government-insured loan program that provides up to $35,000 for minor remodeling and non-structural repairs.
Min. Credit Score
620
Min. Down Payment
2.25%
Max. Loan Amount
$524,225 - $1,209,750
Up to $35,000 for RenovationsYour Estimated Renovation Fund
FHA 203(k) Standard Renovation Refinance
Best For: Limited Equity, Low Down Payments, Home Renovations
The FHA 203(k) Standard allows borrowers to refinance and include for the cost of renovations in the loan, with as little as 2.25% equity in the home.
Min. Credit Score
620
Min. Down Payment
2.25%
Max. Loan Amount
$524,225 - $1,209,750
Up to 50% of Price or ValueYour Estimated Renovation Fund
* Some loan programs may not be offered by all featured lenders of ReviewMyMortgage.com and qualification guidelines may vary between them. Our team makes their best effort to keep loan program information up to date. Loan programs may change without warning. ReviewMyMortgage.com does not guarantee or offer any loan products. ReviewMyMortgage.com is strictly an educational resource hub for consumers.
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