FHA Streamline

FHA Streamline

The housing market has fallen; this is not new news. This is especially true for home values all across the country. Hundreds of thousands of people are finding that the homes they treasure so much are not nearly as treasured by the public market. However, you may still want to lower your payment and interest rate. How is this possible when home values have fallen so low?

There are a few options you have in front of you. One of those options is a FHA Streamline Refinance. The beautiful thing about this loan is that there is a “No Appraisal” option with minimal credit requirements! This means that you can get a lower fixed rate and payment on your FHA loan; even if you owe more than your home is worth! Since the process is streamlined, there is less hassle, less paperwork, and quicker closing times than with a standard FHA refinance.

Want to know more? Want to find out if you qualify? Give one of our mortgage professionals a call today to find out how you can lower your payment and interest rate with an FHA Streamline!