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Streamline Refinance for FHA and VA Mortgages
 Have a VA or FHA loan?
Made your mortgage payment on time?
Had your loan for more than 90 days?
Have a credit score above 580?(Not always required)
Want to lower your payment?
Congratulations, you are pre-approved for a Streamline Refinance!*
| *Subject to verification of the above |
It's really that easy! Take advantage of the single biggest benefit of a Government loan by streamlining! Did you know:
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Streamlines don't require proof of income or assets. Lost your job? No savings? Doesn't matter, you are still entitled to a refinance.
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Streamlines don't require an appraisal. Owe more on your loan than the house is worth? No problem, you can still refinance.
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FHA and VA loans never carry a pre-payment penalty; you're free to refinance at any time during the entire loan term!
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We only require 5 items of documentation to close your Streamline: Driver's license/SS card, HUD-1 Closing statement, Mortgage statement, and Insurance info.
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Closing costs are significantly less than when you purchased your home, and can be rolled into the loan. You can even receive up to $500 cash back at closing!
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Your old escrow reserve account (taxes and insurance impounds) will be closed and a cash refund will be sent to you after closing!
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Your Streamline can close in 10 days from your application.
Why use a Streamline Refinance?
The two main reasons to use a streamline is 1) to reduce your interest rate or 2) to change loan programs, such as from a 30 year term to 15, or from an adjustable rate to fixed. This is of course a No-Cash-Out refinance; however we do offer the full FHA refinance to get Cash Out(though this will require an appraisal).
We've been doing FHA loans since 1989. Not everyone you will deal with has the expertise, ethics or near 2 decades of experience we can provide you. Fill out the form below for an estimate.
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