Get a Free Quote. It only takes 5 Minutes. Call 800-371-5822

 

Get a Free FHA Streamline Quote - Start Below or Call 800-371-5822

If you got your Loan before May 31, 2009. You Qualify for Obama's New Streamline Program with Lower PMI

 

No Appraisal Required, No Income Verification, No Closing Cost and Skip 2 Payments. Refinance your Primary or Investment Property.

This Program requires minimal Documentation, there's no Application or Junk Fee. Just fill out the form below or call 800-371-5822    

 

 

No Appraisal Required
No Points, No Closing Cost
No Income Verification
No Out-of-Pocket Cost
Close in 30 Days or Less
Skip 2 Payments
Investment Property Streamlines
No Application or Junk Fees

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  Loan Type

  State

  Credit Rating

  Mortgage Balance

  Current Mortgage Type

  When did you get this Loan?

Full Name

Cell Phone

- -

Home Phone

- -

Email

 

 

 

FHA Streamline Refinance Rates Continue to drop

 

FHA Streamline Refinance Rates continue to drop. FHA Streamline is a Refinance Program that lets FHA borrowers streamline refinance with no appraisal, no income, no points. There has never been a better time to FHA Streamline Refinance your Home and save money. So say you're upside down? That's ok. Say you've taken a pay cut at your Job and don't make enough money to qualify for a FHA Streamline refinance? That's ok. Say you don't want to spend money on closing cost with FHA Streamline Refinance? That's ok. As a matter of fact, FHA Streamline Refinances can also be considered as cash out deals Once you close the loan you get skip a payment or two and get your escrow balance back from your current lender. It streamlines the FHA refinance process like no other type of refinance. The new Obama FHA Streamline refinance Program is supposed to help at least 3-4 million FHA borrowers and is literally going to save FHA borrowers a ton of money. If you have an FHA Loan, The time to streamline is now!

 

Obama cuts PMI on FHA Streamline Refinances- Rates hit all time Low!

FHA Streamline Refinance is an FHA Refinance Program that helps FHA Borrowers refinance without an appraisal, Income Verification, Closing Cost and no out-of-pocket cost and not to mention but super low rates. Some may also call FHA Streamline Refinance as an Instant Rate Reduction. With the Rates hitting another all time low, there has never been a better time to FHA Streamline Refinance your Home. President Obama announced that FHA will cut upfront fees for FHA Streamline Refinance loans it already insures. It  reduces the costs on up-front FHA mortgage insurance premiums to 0.01 percent from 1 percent of a borrower's loan balance for refinancing under the "streamline" program. It also cuts the annual fee for these loans half to 0.55 percent. It applies to loans taken out before June 1, 2009.  Currently, 3.4 million households with loans endorsed on or before May 31, 2009, pay more than a five percent annual interest rate on their FHA-insured mortgages.  By refinancing through this streamlined process, it’s estimated that the average qualified FHA-insured borrower will save approximately $3,000 a year or $250 per month. The streamlined refinance program is available to borrowers with FHA-insured loans who are current on their payments even if they owe more than their homes are worth. The program doesn’t require verification of income and employment, and it doesn’t mandate a new appraisal of the property.

 

What is an FHA Streamline Refinance?

The Federal Housing Administration (FHA) streamline refinance may be the easiest way for some homeowners to get today's best mortgage rates and quickly reduce their monthly payments. Designed for existing FHA customers, the "streamline refinance" allows homeowners to refinance with less documentation and underwriting. The calling card of the FHA streamline refinance is that no appraisal is required, a huge draw for underwater homeowners. In addition, the lack of typical refinance requirements, such as income and credit verifications, allows the process to move more quickly than traditional refinances, But while the FHA has designed the streamline refinance to be quick and simple, there are still a set of specific requirements that must be met, and some lenders even institute their own rules.

 

Copyright © 2013 Streamline-FHA.com  Privacy Policy  Contact us

Streamline-FHA.com is not a mortgage lender and does not provide mortgage loans. Streamline-FHA.com is not a government sponsored website. Streamline-FHA.com matches consumers with companies that offer mortgage loan services. Once you have completed this expression of interest (or information request form) your information will be sent to our participating service providers, who may contact you by telephone and/or email. By submitting your expression of interest you are consenting to receive telephone calls from our service providers, even if you have previously listed yourself on any internal company, state or federal Do-Not-Call List. Rates are based on a 5/1 ARM 410K Loan amount 796 credit score and 60% LTV. The rate advertised may have points associated with it. The savings are based on borrowers that qualify for the new streamline program.