FHA LOAN REFINANCING NOW MORE AFFORDABLE!
Great News! The Federal Housing Administration has lowered up-front and annual mortgage insurance premiums for refinanced loans, in an effort to expand its Streamlined Refinance program.
This means that borrowers who are current on their monthly payments can refinance and save even if they owe more than their home is worth!
- The FHA Streamlined Refinance Program makes it easy to refinance your FHA loan!
- Limited credit or income documentation required to qualify.
- Limited employment documentation required.
- No property appraisal required.