FHA Streamline Refinance Program . . .
Take Advantage of Lower Rates!
Interest rates have recently dropped, and we expect that, for the near future, they should continue to trend downward. If you have an FHA loan, this is the time to take advantage of these lower rates through the FHA Streamline Refinance Program!
The FHA Streamline Program is a unique loan program that allows you to refinance into a lower interest rate with NO Appraisal.
The Program is "streamlined" because it allows you to reduce the interest rate on your currently home loan easily, without jumping through all of the hoops that you had to jump through to obtain your original FHA loan. The amount of paperwork that must be completed is reduced, saving you valuable time and money!
Most Importantly . . . There is Little or No Cost Involved**!
We pay all Lender and Title Fees for our FHA Streamline Refinances at or above $150,000. We have very low fees for Streamline Refinances that are less than $150,000. There are no hidden costs and no gimmicks. You are simply lowering your interest rate, with no (or low) cost and without hassle. In the end, you will still have an FHA home loan, insured by HUD.
Guidelines for Qualification There are very few loan guidelines for an FHA Streamline Refinance:
1. You must have an FHA home loan on the home you are occupying (we do have non-owner
Occupied options too)
2. You must be making your mortgage payments on time.
3. The Streamline Refinance must lower your interest rate.
If You have more questions about FHA Streamline Refinances, check out Streamline Your FHA Mortgage on HUD's website.
** You do have the ability to pay your own costs or to pay an origination fee to get a lower rate. We will spend the time to review all of the loan options with you so that you can make the best decision for your unique financial situation.
Let me Help You Save Money!
Todd Bookspan, MBA
Certified Mortgage Planner
602.522.9494 ext 201
Todd@BookspanTeam.com
