Friday, December 9, 2011

Refinance to a lower interest rate with no appraisal needed and no closing costs!

Do you have an FHA loan?  Did you know that you can refinance to a lower interest rate with no appraisal needed and no closing costs?

Yes, it is true – Here are the highlights of the FHA Streamline Refinance Program:
  • No appraisal required
  • No income or asset documentation required
  • We will pay all the closing costs – no out of pocket cost to you and nothing added to your loan amount
  • Result of the refinance must be at least 5% reduction in monthly payment to be eligible

One of the reasons that this program is so popular is that is much easier to process, so you don’t have to go through the same headaches as a normal loan, and you don’t have to worry if the value of your home has decreased to be able to take advantage.  We can process your streamline in less than 30 days!

If you have an FHA loan and have not looked into the FHA Streamline Refinance Program, call me right away before rates increase again and you miss out.  In ten minutes, I can tell you if you qualify and send you a detailed estimate, showing what your monthly savings will be. 410.491.0200.

1 comment:

  1. A home refinance loan can not only improve your current rate and terms, but can give you a chance to change the type of loan you are in, increasing your loan payoff time.

    Refinance Tennessee

    ReplyDelete