FHA Streamline

To help make housing more affordable for home buyers and homeowners, FHA recently reduced annual FHA mortgage insurance premiums (MIP) for new mortgage loans. Refinancing into a lower monthly FHA MIP may help homeowners:

  • Reduce an existing overall mortgage payment
  • Reduce an existing mortgage interest rate
  • Build home equity faster.

Refinance with confidence.

  • Lender-paid closing costs – No out-of-pocket closing costs for borrowers
  • No appraisal required – Use of original appraised value may help minimize declining value issues
  • Favorable interest rates – Interest rates near historic lows
  • No maximum income ratios – Changes in income may have less impact
  • Quicker financing process – Helps facilitate faster loan closing
  • Potential refund of existing FHA upfront MIP

Contact us for a complimentary mortgage pre-approval to find the right home financing option for you!

Download in printable format here

Contact Us