If you currently have an FHA mortgage and want to lower your rate and payment, the FHA Streamline is a great solution to refinance a home. With no appraisal required, documentation is limited; making the FHA Streamline one of the smoothest and quickest ways to refinance an FHA mortgage today.
How FHA Streamline Works
This program is exclusive to current FHA mortgage holders. The Federal Housing Administration created this program to help you get a lower rate on your FHA mortgage without a drawn out qualification process. When you streamline your FHA loan, the process moves much faster than most refinance loans because there is no appraisal required. This means you don’t have to worry about your home’s value as a qualifying factor and it eliminates documentation that would otherwise take additional time and steps to complete.
FHA Streamline Could Be Right for You If:
You currently have an FHA mortgage and:
- Your current mortgage rate is higher than today’s rates
- You owe more on your mortgage than your home is worth
Find out if your FHA mortgage qualifies for a lower rate and payment by calling 855-SHORE-55 today or get started online now!