Call: (251) 625-0444 /  NMLS 193181
Alabama Purchase, Refinance, and Reverse Mortgages

Cash Out Refinance

New VA Credit Thresholds


Southchase Mortgage 1/5/18

New VA Credit Thresholds

  • 100% Purchase owner occupied starting at 560 credit score
  • 100% Cash Out Refinance owner occupied starting at 620 credit score
  • 100% Streamline Refinance owner occupied, second home, and investment starting at 560 credit score
  • Loan amounts up $1,200,000
  • No Monthly Mortgage Insurance
  • Fixed or ARM loans with competitive rates

Call 251-625-0444 now for more information.  Serving Alabama and Florida.

Penny Phillips, CRMS NMLS# 204553

Certified Residential Mortgage Specialist

Certified Military Home Specialist

Southchase Mortgage NMLS# 193181



Conventional, Jumbo, VA, FHA, USDA, Commercial, Reverse

Purchase or Refinance