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
Check to make sure your loan is a FHA loan
Call me to complete a 5 minute application
Sign and Complete disclosure forms to get Payoff from your current company.
