FHA Streamline Refinance

What is an FHA Streamline Refinance?

• The FHA Streamline is a refinance program from the Federal Housing Administration which could get you a lower rate on your FHA mortgage without an extensive qualification process. Simply put, the typical refinance process is streamlined!
• In order to qualify, you must currently be in an FHA loan.

How the FHA Streamline Refinance Loan Works

• FHA Streamline is a refinance program for homeowners currently in an FHA loan.
• FHA Streamline is offered as a 30-year fixed, 15-year fixed or a 5-year ARM (adjustable rate mortgage).
• No appraisal required.
• Minimal credit requirements.
• FHA Streamlines only allow up to $500 in cash out.

Is an FHA Streamline Refinance right for you?

If you’re in an FHA loan now and:

• Your current mortgage rate is higher than today’s mortgage rates.
• Your current mortgage is an adjustable rate mortgage you can convert it to a fixed rate.

FHA Streamline Refinance Benefits:

• Lower your rate
• Decrease payoff time
• Pay less interest over the life of the loan
• No appraisal is required
• No equity is required
• No income re-qualifying
• Close is days, not months

Apply Now To Find Out:

1. How much we can lower your payment.
2. How quickly we can close your loan.
3. How we will help you improve your credit scores.