The primary goal of the FHA Streamline Refinance is to make it easier and less costly for borrowers to refinance their existing FHA loans. It aims to lower interest rates, reduce monthly payments, or switch from an adjustable-rate to a fixed-rate mortgage, thereby improving the affordability of...
However, in FHA rates it is completely the opposite; for that reason, more and more people are interested in joining this new financing modality without a moment’s hesitation. Previously, it was common to ask about lenders to refinance, refinances with negative escrow balances, and what the ...
How Does An FHA Streamline Refinance Work? You need to already have an FHA loan to qualify for an FHA Streamline. If your current mortgage interest rate is higher than today’s rates, you can use an FHA Streamline to lower your interest rate, which usually lowers your monthly payment. Fewe...
Backoffice especially Leanna, was priceless. She made sure all the I’s were dotted and T’s were crossed, she walked us through step by step to ensure we knew what was exactly going on with the refinance. Most importantly, they were available to answer any questions we had even after ...
Backoffice especially Leanna, was priceless. She made sure all the I’s were dotted and T’s were crossed, she walked us through step by step to ensure we knew what was exactly going on with the refinance. Most importantly, they were available to answer any questions we had even after ...