Many people wonder if there is such a thing as a "no cost FHA streamline refinance" or a "free FHA streamline refinance". The good news is yes, there is a "free" FHA streamline refinance ... kind of. The FHA streamline refinance program offers a choice for people who are interested in it to accept a slightly higher interest rate in exchange for a lender covering all of their closing costs associated with the transaction. Does That Mean It Is Free? Just because you might not pay any closing … [Read more...]