FHA Streamline Refinance 411 – The Quick & Easy Loan – No Cost – No Appraisal – Bad Credit OK!

No Cost, No Appraisal, Quick and Easy

FHA Streamline Refinance 411 – The Quick & Easy Loan – No Cost – No Appraisal

FHA Streamline 411:  FHA has permitted streamline refinances on insured mortgages since the early 1980’s.  This is a way to “Gurantee Refinance” regardless of certain requirements.  This is an excellent choice if you want to ..

1.)  Convert your ARM to a FIX regardless of past credit and upside appraisal issues.

2.)  Refinance to a lower rate, quick and easy without the headache of new loan process.

FHA Streamline Requirements:

• The mortgage to be refinanced must already be FHA insured. 
• The mortgage to be refinanced should be current (past late payments OK)
  
• No Fico Score Required
• Must lower the borrower’s monthly principal and interest payments to qualify. 
  
• No Cash out over $500 on refinance.
• No termite report is required
  
• Appraisal not required
• Income documents not required

 

FHA Streamline Process: The Streamline process is by far the most Fastest and Easiest to qualify.  Heres how it works

1. Check to make sure your loan is a FHA loan
2. Call me to complete a 5 minute application
3. Sign and Complete disclosure forms to get Payoff from your current company.
4. Wait 48 hours
5. Close Loan
6. That was easy!!

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