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fha streamline refinance: FHA Streamline Refinancing Fees Reduced - 03/30/12 11:10 AM

FHA Streamline Refinancing Fees Reduced
The White House recently announced significant changes that will reduce the fees charged for the Federal Housing Administration's (FHA) Streamline Refinance Program.
Beginning June 11, 2012, the Streamline Refinance upfront fee of 1% will be reduced to 0.01% of the total loan amount. And the annual fee will be lowered from 1.15% to 0.55% of the total loan amount.
By refinancing through this streamlined process, the average qualified FHA-insured borrower will save approximately $3,000 a year or $250 per month, on top of any savings from refinancing to a lower mortgage rate.
 
The … (3 comments)

fha streamline refinance: When was your last mortgage checkup? - 01/30/11 05:07 PM
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fha streamline refinance: Questions About FHA Loans??? Ask Here! - 09/09/09 03:28 PM
 
If you have questions about FHA Loans, please post your questions here:
Below are some questions that might apply:
Late pmts on a FHA loan... Can I still qualify? Late rent payments...Can I get an FHA home Loan? Late on filing taxes, Can I still get an FHA Loan? Late car payments, CanI still get an FHA Loan? FHA loan with old late payments.. Can I still do a Streamline Refi? Can I get an FHA loan with lates in the last year? Conventional loan with 2 late pays, or refi into an FHA Loan? Late on 2 payments over … (0 comments)

fha streamline refinance: FHA Streamline Refinance -Thousands of Homeowners Lowering their FHA Loan Payments - 02/07/09 09:45 AM
FHA Streamline refinances are offered with
No appraisal No employment verification No asset verification No underwriting No money out of your pocket No occupancy requirement Thousands of homeowners are taking advantage of FHA's Streamline refinance They are realizing that they can lower their interest rate without having to provide all the traditional income and asset verification.
The streamlline refinance is available without needing an appraisal. When you choose an FHA Streamline Loan, you can refinance your existing FHA-insured loan with less paperwork and lower costs than you would have with other home loan refinancing solutions.
Refinancing your current FHA loan can … (2 comments)

 
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Julie Chroust, NMLS# 249458, Direct Lender & Mortgage Banker

Walnut Creek, CA

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Julie Chroust, Prospect Mortgage, Walnut Creek, CA

Address: 1910 Olympic Blvd,, Suite 120, Walnut Creek, CA, 94596

Office Phone: (925) 516-5809

Cell Phone: (925) 381-1481

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