Home Loans California & Arizona

Explore the possibilites on lowering your FHA home loan rate!

June 20th, 2012 9:44 AM by Nathan Rufty

Thank you for taking the 2nd step towards reducing your current FHA mortgage, first step was that you are exploring the possibilities of saving money on your house payment. The great thing about refinancing your home through this program is, if you do not see a benefit, then you simply continue with your existing loan, no lost money in exploring the refinance option. FHA has this built-in feature to save you money with a FHA Streamline Refinance, such as, an appraisal is not a factor in the qualification of the loan, that is an upfront savings of $375-$425.    

 FHA loans that were completed before May 31st 2009 will remain at a very low monthly mortgage insurance payment, which will reduce your over payment drastically compared to today's monthly mortgage insurance factor. Go to link below, which is the mortgagee letter from HUD on the terms of the streamline refinance. 

Information on FHA Streamline Refinance

Lets get started on the path towards a rate reduction of your current FHA Home loan. You can complete the short contact application below or call me direct at 909-503-5600 to explore the option of reducing your payment

Posted in:General
Posted by Nathan Rufty on June 20th, 2012 9:44 AM

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