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UPSIDE DOWN ON A MORTGAGE: IS IT FHA? YOU CAN REFINANCE!!!!!

By
Mortgage and Lending with Seacoast Mortgage Corporation, RI (20021119LB & 20031576LL), MA (MC2107) & CT MLO 10920

Did you know you can STREAMLINE an FHA loan?  

 

Streamlining is simply refinancing the existing mortgage REGARDLESS of the value of the home!  So, if you have an FHA loan and you are "upside down"; FHA DOES NOT CARE!  Simply contact an FHA lender (like me!) and streamline down to a lower rate.

 

AND! You can do this at NO cost!!!  If you pay closing costs, the rate would be lower.

 

This is the BIGGEST advantage of an FHA loan!  Take advantage: TODAY!

 

 

Ann Sabbagh

Vice-President

Seacoast Mortgage

508-243-1190 (cell)

www.annsabbagh.com

"When you choose me as your mortgage consultant, you also choose a financial planner who has YOUR financial strength as the PRIMARY concern"

Posted by

Ann Sabbagh, President

"The BEST compliment is a client referral: Thank YOUUU!"

Seacoast Mortgage Corporation

401-305-6906 or 508-243-1190

Residential & Commercial Financing

MLO10920

RIAR: teacher for "The Mortgage Course"; "Valuation of Commercial/Investment Real Estate"; "Reading Financial Statements"

 

"When you choose me as your mortgage consultant, you also choose a financial planner who cares about YOUR financial strength."

Mike Jones
SUNSTREET MORTGAGE, LLC (BK-0907366, NMLS 145171) - Tucson, AZ
Mike Jones NMLS 223495

Ann,

I can't believe I'm the first to comment on this post!  This is a no-brainer, but the public hasn't heard about it.  Thanks for shining a light on it.

Mike in Tucson

Oct 27, 2008 11:21 PM