Monday, March 2, 2015

What is an FHA Streamline Refinance?

Who wouldn't be up for saving a little money monthly right now?  If you have an FHA mortgage currently please check this out!

An FHA streamline refinance is for homeowners who currently have an FHA mortgage that allows them to do a quick refinance for the purposes of:

  • Lowering your interest rate for those who still haven't refinanced since the rates dropped to historic lows.
  • Switching from an ARM loan to a fixed rate loan
  • Lowering your monthly payments
The benefits of an FHA streamline refinance are:
  • Speed-The FHA streamline mortgage if you qualify is typically the fastest,simplest way to refinance. 
  • Rates-The FHA Streamline is available in Fixed Rate and ARM mortgage, 15-30 yr terms
  • No Prepayment Penalty
  • Rates are as low as the regular FHA program
  • No Appraisal may be required 
Give me a call for further details to see if you qualify for the FHA Streamline Refinance.



Justin M. Stottlar
Senior Mortgage Consultant
Monument Bank
378 North Main St.
Doylestown, Pa 18901
c:267.261.3775
f:  267.224.4469
e: jstottlar@monumentbankpa.com
NMLS ID # 954839
 
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1 comment:

  1. William JonesApril 10, 2015 at 2:32 AM

    Get FHA streamline refinance guidelines to know more about streamline FHA refinance pros and cons to choose better one online with affordable FHA streamline refinance closing costs!

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