FHA Stream lines
Tuesday, August 9, 2011 -
Article by:
Loangoddess - Sand Dollar Mortgage Services Inc -
NO COST NO APPRAISAL STREAMLINES!This could save you up to $100-300 amonth on your current FHA loan. For those who do have an FHA home loan, the other requirements for FHA Streamline include: Being current on the existing loan with all mortgage payments made on time for the last year.You must own the original property for at least six months before you can qualify for refinancing.To refinance you'll need an FHA-approved lender.FHA Streamline loans do not require an appraisal, but a no-appraisal loan cannot exceed your current loan.A "no-cost" FHA Streamline loan. Lender pays closing...