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FHA Streamline Refinance

 

FHA Streamline loans can help homeowners lower monthly mortgage payments and interest rates without the need for an appraisal!

In order to qualify for an FHA Streamline loan:

  • The current mortgage to be refinanced must already be FHA insured.

  • The mortgage to be refinanced should be current (not delinquent).

  • The refinance results in a lowering of the borrower's monthly principal and interest payments, or, under certain circumstances, the conversion of an adjustable rate mortgage (ARM) to a fixed-rate mortgage.

  • No cash may be taken out on mortgages refinanced using the streamline refinance process.

 

1st Rate Mortgage Services, LLC NMLS #216585
327 Dahlonega St., Suite 104 B, Cumming, GA  30040
Office:  (770) 334-8451 Ext. 101
info@1stRateMtg.com
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A Georgia Residential Mortgage Licensee #32549
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