FHA Streamline Refinance

Thu - 7/29/2010

Credit Scores

GEORGIA FHA STREAMLINE REFINANCE

Great news for home owners with an existing FHA home loan - you can refinance into today's lower interest rates with much less trouble than your neighbors who do not have an existing FHA home loan. The process is called the FHA streamline refinance.

The FHA streamline refinance was introduced in the 1980's to help home owners who had high interest rates from the recession of the Carter era into the new lower interest rates available at the time. The FHA streamline refinance does not require as many verifications as other refinances or even the FHA purchase loan you used when you bought your home.

In most cases the FHA streamline refinance does not require verification of income or a new home appraisal. The most important part is that you be current with your payments on your existing loan and that you have had your FHA loan for at least 6 months and your home for 12 months.

Call an FHA streamline refinance specialist at Novation Mortgage today.

Recent savings:

A nurse/law student from Dallas Georgia recently used a streamline refinance to change her interest rate from 6.5% to 4.875% and is now going to save tens of thousands of dollars over the life of the loan.

For FHA interest rates check the chart on our home page. Ken Cook is one of the preferred FHA lenders in Georgia approved by HUD to provide the FHA streamline refinance.

Ken Cook is Senior Lender with America Home Key, Inc.,
Georgia Residential Mortgage Licensee No. 23191

Go Back

[ FHA Home Loans | Home Buyers | Contact | Home ]

THIS WEB SITE IS FOR INFORMATIONAL PURPOSES ONLY.
LINKS TO FHA LENDERS IS NOT NECESSARILY AN ENDORSEMENT OF THEIR SERVICES.
TO OBTAIN AN FHA MORTGAGE (OR ANY MORTGAGE) CONTACT A LICENSED LENDER IN YOUR AREA.
>>>NOVATION DOES NOT PROVIDE MORTGAGE LOANS ONLY INFORMATION<<<

Disclaimer/Terms of Use

Nothing in this website should be considered investment advice. Users of this website should consult with their own attorney, broker, or other financial advisor prior to making any investment. this website and its owners, partners, principals, employees, associates, contractors nor assignees, shall have no liability for investment decisions made by any user of this website based upon the information contained on this website.