When interest rates are low, many people who are in FHA or VA loans have at least heard something about the FHA streamline refinance (or the VA streamline refinance for those Veterans who are in VA loans) and are wondering: What are the streamline mortgage fees? Streamline Mortgage Fees Regardless if you go through the FHA or VA streamline, streamline mortgage fees are going to apply. Each program is slightly different - but the key is whether or not you have to actually write a check for the … [Read more...]
FHA Streamline Mortgage: Is It Normal To Pay Fees When Doing an FHA Streamline?
FHA Streamline Mortgage: Are Fees Normal? Nobody works for free. Banks don't work for free, title companies don't work for free, the government doesn't work for free - and all of these entities are involved when you do an FHA streamline mortgage. The key when doing the FHA streamline mortgage is to know who is paying the fees that are associated the loan -- you or the lender. If you are paying, with the FHA streamline mortgage, it is possible to be able to roll them into your loan so that … [Read more...]