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FHA Streamline’s - Are you paying too high of interest rate for your FHA Loan?

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Are you paying too high of interest rate for your FHA Loan?

What is an FHA Streamline?  Here are some of the bullet points when looking to see if you qualify for an FHA Streamline:

  • Your Mortgage Must Already Be an FHA Mortgage (any term ok)
  • The Streamline Refinance is to Result in the lowering of your overall interest payments (either monthly or the term of your mortgage) ie. Going from a 30 year to a 15 year.
  • In a Streamline there can be no cash out but a standard FHA Refinance can.

Here are 6 Direct Benefits to the Streamline Refinance

  1. Little or No Out-Of-Pocket Costs
  2. Very Little Paperwork
  3. Appraisal Usually Not Required
  4. No Credit Check, Income Verification, Employee Verification with your employment.
  5. These Refinances can from start to finish can close in the matter of 7 business days.
  6. Take Advantage of Today’s Low Interest Rates

Please contact me today to see how much money you can save now!

 

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