When rates drop, many people who are currently in an FHA loan want to participate in the FHA streamline mortgage program because it is the “easiest” and “best” refinance program for people in FHA loans. However; one of the most popular questions right away is:
What are the current FHA streamline mortgage rates and where is the best place to find them?
And lucky for everyone, one place has made it easy to find out what the current FHA streamline mortgage rates are: Zillow.com.
At Zillow.com, you can find the average that lenders are quoting people who want to participate in the FHA streamline mortgage program, that way you know that your particular quote might be higher or lower – but it should be close. And to make it even nicer, if you are having a hard time finding a loan officer who can help you with the FHA streamline mortgage refinance, you can easily find a great one on Zillow.com because they have it set up where you can let lenders “bid” on your loan. You might be surprised to see how many lenders you find just by filling out your information and letting them know that you are interested in the FHA streamline mortgage program and want to check out rates!
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I was wondering if I could qualify for a streamline mortgage loan. There is a property that I am interested in purchasing a home that needs some work. With some effort the property can be restored to well above the current property value.