Arizona home owners, especially in some specific areas of Arizona, are very happy with their home but not with their existing interest rates on their FHA home loan. Some of those same Arizona home owners may also be “upside down” in their FHA home loan meaning they owe more on their FHA loan than the current appraisal value of their home. If you are an Arizona home owner with an FHA home loan and you are current with your mortgage payments and have not been late on any home mortgage payments in the last 12 months you may already qualify for an FHA streamline refinance.

Made available by HUD to FHA insured home loan home owners the FHA streamline refinance may not even require an appraisal which gives you a huge advantage over your neighbor who may not have an FHA insured home loan.  The specific needs of the Arizona home owner should not be left up to some lender or broker out of California or New York but are best handled by an Arizona FHA streamline refinance specialist. There could be nothing worse than to deal with some big dot com lender from out of state who does not understand Arizona real estate and leaves you high and dry with nothing or the wrong loan at the Arizona closing table.

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?

In Arizona there are many home owners 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.