Did you know that if you have an FHA home loan on your Arizona home there is a special FHA streamline refinance to help you lower your monthly FHA home loan costs? If you have an existing FHA home loan on your Arizona home and have had it for six months and do not have any late mortgage payments on your credit for the last twelve months you already are qualified for an FHA streamline refinance for your home loan?
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In Arizona there are many homeowners who owe more on their FHA home loan than their current appraised value. No other refinance will allow you to refinance your existing FHA home loan without an appraisal. If you can pay the small closing costs out of pocket you can get an FHA streamline refinance for your Arizona home without having a new appraisal. In addition to this great benefit there is also no income verification required for the FHA streamline refinance which means if you have been hit with an income reduction, as have so many Arizona residents over the last few months, you can still qualify for this FHA streamline refinance on your Arizona home.
Don’t leave it to some dot com lender where you are nothing more than a number. Call your Arizona licensed FHA streamline refinance specialist today while rates are still low at 888.448.2669.