Many people who have gotten FHA mortgage loans in the last couple of years are not aware of one of the best mortgage interest rate reduction programs available today. If you currently have an FHA mortgage and are current, you can refinance your home with a principal and interest amount lower than your existing FHA home loan you already qualify for. The program is called the FHA streamline program. Where Are FHA Streamline Loans Offered? This program is available nationwide for borrowers who … [Read more...]
How Easy It Is To Get An FHA Streamline Refinance?
The FHA makes it pretty easy to refinance into a lower rate. They require very little documentation from you and can turn the loan around in a short amount of time. There are even ways to save on the upfront mortgage insurance premium that you owe as well as the closing costs if you are diligent about it. As an added bonus, if you originally opened your loan a few years ago, the upfront mortgage insurance premium has dropped … [Read more...]