Hempstead TX FHA Streamline Refinance 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 your
current 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 have enough equity in the HOME
to cover THE EXTRA
amount.
Hempstead TX FHA Streamline Refinance Loans can help homeowners lower MONTHLY MORTGAGE PAYMENTS
and INTERESTS RATES
. If you have a conventional LOAN
you wish to REFINANCE WITH
an FHA REFINANCING LOAN
, you’ll need to APPLY
with the usual CREDIT CHECK
, employment
verification, debt-to-income RATIO
requirements and other considerations.
FOR MORE INFORMATION about FHA
Streamline LOANS
, PLEASE VISIT
the FHA
website:
FOR MORE INFORMATION on Hempstead TX FHA Streamline Refinance Loans
and the surrounding areas, PLEASE
contact
Joy Bates, SENIOR MORTGAGE
Banker at 817-860-3232 or email
Joy: joybates@leader1.com or LOG ON
to http://legacyfinancial.com and request
MORE INFORMATION
. Joy does LOANS
all over the state of Texas.
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