A no cash-out refinance mortgage can help customers consolidate higher-rate seconds into one, lower-rate loan with a no cash-out refinance mortgage.

This type of mortgage product can also lower a borrower's monthly payment, and all related closing costs, financing costs and prepaids/escrows may be rolled into the new loan amount. Plus, when you use Loan Product Advisor® automated underwriting technology to evaluate no cash-out refinance mortgages, you'll approve more borrowers and streamline your process with less documentation.

Eliminate mortgage insurance when the new appraisal or inspection report supports a higher value to calculate the new LTV ratio.

No cash-out refinance mortgages help you retain your current customer base and increase your origination volume with options to meet the needs of more borrowers, improve efficiencies using Loan Product Advisor and easily sell more mortgages to Freddie Mac.