Is there such a thing as the Chase FHA streamline refinance mortgage program??
Yes, Chase Bank offers the FHA streamline refinance program – as do many other lenders who are FHA approved lenders. Yes, Chase Bank loan officers will be happy to help you learn more about the FHA streamline refinance program. Yes, Chase Bank loan officers can give you a free no-cost estimate of what their closing costs and rates are for the FHA streamline program.
But, you would be wise to speak with more lenders than just Chase Bank when considering the FHA streamline program.
Chase Bank FHA Streamline Refinance Program
The FHA streamline refinance program has the same general guidelines regardless of whether you work with Chase Bank loan officers or loan officers at other lenders. There are some small variances such as whether or not the lender will allow you to participate in the FHA streamline program if you have late payments – but by and larget the guidelines for the FHA streamline program are not going to vary much.
When shopping for the best deal on the FHA streamline refinance, you will notice that the more lenders you get a free quote from, the chances of you getting the best deal will increase. Put three quotes side-by-side from three FHA lenders and you might be surprised how different the interest rates and fees are from each lender.
Start now by speaking with multiple lenders regarding your FHA loan and what the FHA streamline refinance program can do for your monthly mortgage payment.