A GREAT WAY TO REDUCE HOMEOWNERSHIP COSTS
You may be one of the many homeowners who qualify for a reduced rate or a reduction in your insurance payments or remove a borrower from the mortgage. All made possible through an FHA 203(b) Streamline Refinance.
FHA Streamline Eligibility
The FHA has some basic requirements that all borrowers must meet when applying for an FHA Streamline Refinance. The FHA Streamline Refinance is a good option for you if you are currently in good standing with your current mortgage, and are looking to save some money on your monthly payments. Other requirements are:
- Your Current Mortgage Must Already Be FHA-insured
- The Mortgage Must Be Current
- There Must Be a Net Tangible Benefit
Disclousure: This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. Credit and collateral are subject to approval. Equal Housing Lender.