fha streamline refinance of investment property: Refinance Investment Property with FHA Streamline Program
- 01/16/13 09:03 PM
FHA Mortgage Loans are generally only available to folks who are going to live in the property – the EXCEPTION is if you already own the home, and you want to refinance it. If you purchased a home with a FHA mortgage, then moved out, and are renting it (so now it’s Investment property) you might be eligible for a Streamline Refinance. We can close a FHA Streamline Refinance of Investment Property. Obviously, the benefit of the FHA Streamline is greater for folks who purchased the home, and have a loan that was endorsed by FHA prior to June 1,
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