brookshire tx streamline loans: Brookshire TX Streamline Loans
- 06/10/15 07:52 AM
Brookshire TX Streamline Loans are aSPECIAL MORTGAGE product, reserved for homeowners with EXISTING FHA MORTGAGES. FHA STREAMLINE REFINANCES are the fastest, simplest way for FHA-insured homeowners to REFINANCE their respective MORTGAGE into today’s low MORTGAGE RATES.
Below are some of the requirements for an FHA streamline:
· You must be current on YOUR existing LOAN WITH all MORTGAGE PAYMENTS made on time for the last year.
· You must own the original property and have made at least six MONTHLY MORTGAGE PAYMENTS before you can qualify for REFINANCING.
· To REFINANCE, you’ll need an FHA-approved LENDER. If you don’t want to use yourcurrent LENDER, any MORTGAGE LENDER YOU CHOOSE must be FHA approved.
· FHAStreamline LOANS do not require an appraisal, but a no-appraisal LOAN cannot exceedYOUR current LOAN.
· CLOSING COSTS must BE PAID up front or arranged for through a “no-cost” FHA Streamline LOAN. You may also CHOOSE to include the CLOSING COSTS into your LOAN by doing a “with appraisal” FHA Streamline LOAN. In these cases, you must … (0 comments)
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Brookshire TX Streamline Loans are aSPECIAL MORTGAGE product, reserved for homeowners with EXISTING FHA MORTGAGES. FHA STREAMLINE REFINANCES are the fastest, simplest way for FHA-insured homeowners to REFINANCE their respective MORTGAGE into today’s low MORTGAGE RATES.
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