Skyridge Lending

Home of the 15 Day Close! - Our standard product options close in an average of 15 days. We offer most residential loan types and some commercial loan types for new construction, purchases, rate/term and cash out refinances. Our goal is to help you make an informed decision as to which option is best for you today and in the future.

Often homeowners find themselves looking to use equity to cover other expenses but aren't sure how to best approach the situation. One option that we offer, a cash-out refinance, allows you to replace your current mortgage. In doing so, you create a new agreement, at potentially new rate, new term, and new balance.

Many programs allow borrowers to do streamline refinances. If you are currently on a VA or FHA loan for at least 6 months of payments made, then you can reset your rate by doing a streamline refinance. These are great because they require no income or asset verifications, have more flexible credit qualifications, and usually don't require an appraisal.

We also do the VA Refinance loans. VA has two options for these. If you are already on a VA loan and want to reduce your loan then a great option is the VA IRRRL or Interest Rate Reduction Refinance Loan. This option typically doesn't require an appraisal and has very low closing costs. This streamline option doesn't verify income or assets and as long as your mortgage is not over 30 days late for the past year then you qualify.

An All-In-One mortgage is a loan that allows depositors to reduce the amount of interest paid on their mortgage while granting access to any equity that has built up in the property. This combines your mortgage and your bank account, re-amortizing by applying the balance in your bank account to reduce your mortgage every night.