FHA Streamline Refinance
Take Advantage of Low Interest Rates with FHA’s Easy Streamline Refinance Loan
Not all borrower’s are eligible for a HARP Refinance. In fact, if you have a FHA, VA or USDA loan you are NOT eligible. That doesn’t mean you can’t take advantage of today’s low mortgage rates though. You have options!
HARP 2.0 is not the only refinance program that can help homeowners. For homeowners with an FHA mortgage, the FHA Streamline Refinance program was designed for you.
Whether you have new expenses, like a new child or an a current child headed off to college or if you have an unexpected job loss or cut in hours a FHA Streamline can free up the funds you need to make ends meet.
Whether you save a hundred or several hundred dollars a month, it adds up fast. Isn’t it worth 5 minutes of your time to see if you are FHA Streamline eligible? People spend 15 minutes to save 15% on their car insurance, why don’t they do the same to make sure their mortgage, the biggest debt most people have, is optimized?
Get a FHA Streamline Refinance Quote
The FHA Streamline gets its title because of the reduced documentation and reduce hassle required to take advantage of the program.
Often available without an appraisal, the FHA refinance program also cuts down on the normal expense required to refinance. With reduced documentation the process is quicker and easier than a traditional refinance loan.
How Do I Qualify for a FHA Streamline Refi?
The qualifications for a Streamline Refinance are fairly straightforward and simple just like the loan program.
FHA Streamline Refinance Qualification Guidelines
- Must Have and FHA Mortgage
- Must Be Current on Your FHA Loan
- 210 Day Waiting Period Between Refinances
- Refinance Must Have BENEFIT
No income verification, no appraisal in some cases and, with many lenders, no credit score requirements. It’s that easy to do a FHA Streamline Refinance.
With mortgage rates hovering at all-time lows now is a great time to free up some money with a lower mortgage rate. FHA Streamline refinance program allows borrowers across Georgia, Alabama, Florida, Tennessee, South Carolina and the rest of the US to save!
So, do yourself a favor, take five minutes to find out if you can benefit.
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