FHA has permitted streamline refinancing on FHA insured mortgages since the 1980's. These can sometimes be done without a property appraisal.

Application for an FHA mortgage is open to anyone able to meet the cash requirements, mortgage payments, and credit requirements.

FHAMortgage.com is a private mortgage company specializing in fha home loans and is not associated with the federal government or HUD / FHA.

FHA Loans for Homebuyers
------------

FHA Fixed Rate
FHA Adjustable Rate
FHA Growing Equity
FHA Energy Efficient
FHA Graduated
FHA Condominium

FHA Refinancing
------------

FHA Streamline Loan
Consumer Guide

Need to Know
------------

FHA Lending Limits
Mortgage Insurance
Closing Costs
FHA Loan Checklist
Credit Issues
Debt-to-Income

FHA Programs for Homebuyers
------------ overview

Nehemiah Program
AmeriDream
CDS
HART
Partners in Charity

Streamline Your FHA Mortgage

Streamlining your FHA mortgage... It sounds like it a process that can make your mortgage less complicated and indeed, it can, by lowering your monthly mortgage payments.

Now is the time for an
FHA HOME LOAN

PROPERTY LOCATION

LOAN PURPOSE

PROPERTY TYPE

CREDIT STATUS

FHA has permitted streamline refinancing on FHA insured mortgages since the 1980's. The basic requirements of a streamline refinance are:

The mortgage to be refinanced must be FHA insured.
The mortgage to be refinanced should be current in payments (not delinquent).
The new FHA refinanced loan results in lowering the borrower's monthly principal and interest payments.
No cash may be taken out on an FHA mortgage streamline refinancing.

Lenders may offer streamline refinancing in several ways. Some lenders offer "no cost" refinancing (no out-of-pocket expenses to the borrower) and will in exchange charge a higher interest rate on the new loan. Lenders may offer FHA streamline refinancing and include the closing costs into the new mortgage amount, if there is sufficient equity in the property. Others will allow you to finance or pay the closing costs in cash.

If an FHA streamline refinance is done without a property appraisal, the new loan amount cannot exceed the original loan amount. Investment properties (properties in which the borrower does not reside in as his or her principal residence) may only be refinanced without an appraisal.

to Buying a Home with an FHA Loan

> FHA Step 1
How much can you afford?

> FHA Step 2
FHA says, "Know your rights."

> FHA Step 3
Shop for an FHA loan.

> FHA Step 4
Shop for a place to call home.

> FHA Step 5
Make an offer for the home.

> FHA Step 6
Get a home inspection.

> FHA Step 7
Your homeowners insurance.

> FHA Step 8
Sign on the dotted line and move in.

-- -- -- -- -- -- -- --

Receive cash back and save money when you buy or sell your home.
-- -- -- -- -- -- -- --

Get a VA loan to buy a home, to build a home, to refinance your mortgage, or to simultaneously purchase and improve a home.

VA Mortgage News
Browse through articles about VA home loan programs, VA benefits, home buying and selling, VA mortgage shopping and insurance.

Pioneer Military Loans
Serving the military community with personal loans from $500 to $10k.
-- -- -- -- -- -- -- --