Have an FHA loan? Streamline refinances are the best way to lower a rate! Find a lender who will refinance you at NO cost. This includes NOT adding to the loan amount and NOT charging anything at the table. If the borrower does not need cash out, an appraisal is not even needed!
So, even if a homeowner is upside down (they owe more than the house is worth), a streamline can be approved. The streamline is allowed for all FHA loans. Even FHA loans on properties that may now be investment, which were once owner-occupied are eligible for a streamline.
Start streamlining!
Ann Sabbagh
Vice-President
Seacoast Mortgage Corporation
"When you choose me as your mortgage consultant, you also choose a financial planner who also cares about YOUR financial strength."
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