Home > Blogs > Rob Spinosa > California Mortgage Blog

FHA Streamline Refinances

By Rob Spinosa

Mortgage and Lending with US Bank NMLS: 22343

June 27, 2012 05:11 AM

FHA Streamline Refinances

Despite and industry-wide shift to rein in this highly beneficial program, RPM continues to offer the FHA streamline program both with a credit qualifying set of guidelines, and also with what's known as "NCQ" or non-credit qualifying criteria.

If you currently have an FHA loan, you may be able to take advantage of an FHA streamline refinance and this short video explains the basic things you need to know. We cover:

How to lower your rate and payment.
How to lower your FHA MI, or mortgage insurance.
How to refinance an FHA loan without an appraisal.
How to refinance an FHA loan if you're underwater.
How to refinance an FHA loan with no closing costs.
What documentation is required for an FHA streamline refinance.
FHA's net tangible benefit calculation, which can determine eligibility.

If you need more information about FHA streamline refinances any other loan program, or to begin the pre-approval process, simply call Rob at 877-270-5959, or send an e-mail to rspinosa@rpm-mtg.com Online pre-approval is always available at themortgagedictionary.com.

Robert J. Spinosa

Home Loan Professional
DRE: 01297944 NMLS: 22343

1058 Redwood Highway
Mill Valley, CA 94941

877.270.5959 Toll Free
415.367.5959 Cellular
415.366.1590 eFax
rspinosa@rpm-mtg.com

Re-Blog

Comments(1)

Comment

Show All Comments

Sort:

John Cannata

214-728-0449 http://TexasLoanGuy.com - Frisco, TX

Texas Home Mortgage - Purchase or Refinance

The only thing unfortunate about this program is that you can not roll in the closing costs. Sure, you can bump up the rate to absorb some of the costs, but skipping a payment and not paying at closing is ALWAYS a nice option when refinancing your home. Nice job on the video Rob.

Jun 27, 2012 07:54 AM

FHA Streamline Refinances

Comments(1)

Rob Spinosa

Service Areas

Recent Posts

Popular Posts

Additional Information