Florida FHA Streamline Refinancing Program
Contact us at http://www.fhamorrtgageprograms.com/ for information on a streamline refinance. The type of mortgage refinancing refers Minimal documentation and underwriting that is used on a loan file by the mortgage company. FHA approved Lenders offer FHA streamline refinances at no out-of-pocket expenses to the borrower but making their money by charging a higher interest rate on the new financing. Other lenders that offer streamlines refinancing may wrap the costs into the new mortgage amount. Keep in mind that there must be sufficient equity in the property to qualify.
When deciding which option best fits your goals , it is important not only to weigh not only the upfront costs but also the long term cost that a higher rate higher payment will have.
Lenders underwriting FHA streamline refinances do not require credit but HUD requires a 12 month payment history. New borrowers can be added to title on a streamline refinance without credit review.
Contact us to provide details and help you with your FHA Refinancing, simply fill out our quick response application. After you submit your application, we will analyze your information and match you up with the right lender for your refinancing needs. Your inquiry will only be presented to fully qualified lenders who will provide you with the best rate and terms in Florida
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