FHA Streamline Refinance Loans

FHA created the streamline programs to reward their customers that have made timely payments every month on their FHA loan with a quick and affordable refinance option. The FHA streamline was created to make refinancing easier so that borrowers are not required to jump through the normal time consuming hoops when refinancing through traditional measures. The FHA streamline loan is a rate and term mortgage refinance with no cash out allowed. According to the Wall Street Journal, the FHA streamline is the most qualified refinance option for borrowers that presently have a lien insured by the U.S. government. You get a free FHA streamline refinance quote today from a licensed loan officer when you complete the form below.

No Appraisal and No Income Documentation with the FHA Streamline*

Loan Type Select ---------------> Mortgage Refinance Cash Out Refinance Home Equity New Home Purchase Property Type Select One-----------> Single-Family Detached Condominium Cooperative Multi-Family Dwelling Modular Mobile Home Manufactured Home Property Value Select One-----------> 1st Time Buyer 75,000 - 80,000 80,000 - 85,000 85,000 - 90,000 90,000 - 95,000 95,000 - 100,000 100,000 - 105,000 105,000 - 110,000 110,000 - 115,000 115,000 - 120,000 120,000 - 125,000 125,000 - 130,000 130,000 - 135,000 135,000 - 140,000 140,000 - 145,000 145,000 - 150,000 150,000 - 155,000 155,000 - 160,000 160,000 - 165,000 165,000 - 170,000 170,000 - 175,000 175,000 - 180,000 180,000 - 185,000 185,000 - 190,000 190,000 - 195,000 195,000 - 200,000 200,000 - 205,000 205,000 - 210,000 210,000 - 215,000 215,000 - 220,000 220,000 - 225,000 225,000 - 230,000 230,000 - 235,000 235,000 - 240,000 240,000 - 245,000 245,000 - 250,000 250,000 - 255,000 255,000 - 260,000 260,000 - 265,000 265,000 - 270,000 270,000 - 275,000 275,000 - 280,000 280,000 - 285,000 285,000 - 290,000 290,000 - 295,000 295,000 - 300,000 300,000 - 305,000 305,000 - 310,000 310,000 - 315,000 315,000 - 320,000 320,000 - 325,000 325,000 - 330,000 330,000 - 335,000 335,000 - 340,000 340,000 - 345,000 345,000 - 350,000 350,000 - 355,000 355,000 - 360,000 360,000 - 365,000 365,000 - 370,000 370,000 - 375,000 375,000 - 380,000 380,000 - 385,000 385,000 - 390,000 390,000 - 395,000 395,000 - 400,000 400,000 - 405,000 405,000 - 410,000 410,000 - 415,000 415,000 - 420,000 420,000 - 425,000 425,000 - 430,000 430,000 - 435,000 435,000 - 440,000 440,000 - 445,000 445,000 - 450,000 450,000 - 455,000 455,000 - 460,000 460,000 - 465,000 465,000 - 470,000 470,000 - 475,000 475,000 - 480,000 480,000 - 485,000 485,000 - 490,000 490,000 - 495,000 495,000 - 500,000 500,000 - 505,000 505,000 - 510,000 510,000 - 515,000 515,000 - 520,000 520,000 - 525,000 525,000 - 530,000 530,000 - 535,000 535,000 - 540,000 540,000 - 545,000 545,000 - 550,000 550,000 - 555,000 555,000 - 560,000 560,000 - 565,000 565,000 - 570,000 570,000 - 575,000 575,000 - 580,000 580,000 - 585,000 585,000 - 590,000 590,000 - 595,000 595,000 - 600,000 600,000 - 605,000 605,000 - 610,000 610,000 - 615,000 615,000 - 620,000 620,000 - 625,000 625,000 - 630,000 630,000 - 635,000 635,000 - 640,000 640,000 - 645,000 645,000 - 650,000 650,000 - 655,000 655,000 - 660,000 660,000 - 665,000 665,000 - 670,000 670,000 - 675,000 675,000 - 680,000 680,000 - 685,000 685,000 - 690,000 690,000 - 695,000 695,000 - 700,000 700,000 - 705,000 705,000 - 710,000 710,000 - 715,000 715,000 - 720,000 720,000 - 725,000 725,000 - 730,000 730,000 - 735,000 735,000 - 740,000 740,000 - 745,000 745,000 - 750,000 750,000 - 755,000 755,000 - 760,000 760,000 - 765,000 765,000 - 770,000 770,000 - 775,000 775,000 - 780,000 780,000 - 785,000 785,000 - 790,000 790,000 - 795,000 795,000 - 800,000 Over 800,000 Credit Rating Select ---------------> Excellent Good Fair Poor

Low Cost Loans with FHA Streamline Refinancing

FHA streamlines are very popular with FHA borrowers whenever the interest rates see significant movement. Last year was a great year for FHA streamline refinancing because the Fed lowered the mortgage rates to record marks. In 2012 HUD revised the streamline guidelines, so if a borrower wants to do a streamline refinance they will need to pay for the lender fees out of their pocket or find a lender to pay for their closing costs. HUD no longer allows borrowers to finance closing costs into the FHA streamline.

Streamline Refinance Rates from FHA Have Never Been Lower!

Nationwide is a FHA streamline lender that can help Americans who have a loan that is government insured to achieve a lower interest rate. FHA streamline loans make refinancing an existing FHA loan quick and painless. The borrower gets a better interest rate or reduced loan terms that eliminate years paying back the mortgage. It's no secret that FHA's popularity has reached new heights with homeowners with less than perfect credit can qualify for a competitive mortgage rate. The streamline home loans require very little paperwork, so refinancing is a breeze. Take advantage of discounted FHA rates only available for streamline mortgage customers who can document consistent good loan payments for at least 12 months on their current FHA home mortgage.

Streamline your FHA mortgage refinance loan with lower payments and better interest rates and terms.

Streamline Refinancing is a convenient way to minimize loan costs and reduce the mortgage rate for your monthly 1st mortgage payment. The FHA Streamline program is an excellent way for existing homeowners to reduce their monthly payments on existing FHA loans. Many people do not realize that the streamline is one of the last available bad-credit refinance options.

Good Read > When FHA Streamline Makes Sense for Mortgage Refinancing

The FHA streamline refinance loan enables you to include the closing costs into the new mortgage loan. This is allowed if the property has sufficient equity, or the lender approves a streamline loan which may not require an appraisal. In most cases, the FHA streamline loan offers the best rate with reduced fees. The no cost mortgage refinance loan offers borrowers the option of paying no fees or loan expenses. The streamline option requires no appraisal, and the new mortgage amount cannot exceed the existing loan balance. The lender pays the closing cost. No appraisal is needed for investment properties in which the borrower does not reside.

One of the critical equations for qualifying is that the current loan must be a FHA loan that is current with no late payments being reported on your credit report. Borrowers must wait at least 6 months before utilizing the FHA streamline program. The other determining factor is that the new loan must benefit the borrower with lower the borrower's interest rate and reduced monthly payments. Cash back is not allowed with the FHA streamline refinance loan program.