FHA Mortgage Streamline Refinance loans are available to homeowners that financed their homes with FHA Loans.
First a small history on FHA Refinance Loans. They have been available for a long time, all of the way back to the 1980’s. Because of the popularity of FHA Home Loans the FHA Streamline Refinance Program has at least [...]

If you find yourself looking for some ways to get extra funds in order to make large but somewhat vital buys, your best bet would be to go for a cash out refinance. This is because cash out refinance will ensure you of a better interest rate even if you are looking for loans in [...]

I just bought a home Oct 31, 2008 and locked in my rate at 6.125% for 30 yrs, the loan was for 207,740 and I pay ,268 a month for my mortgage for PMI. Rate seem to be in the low 5% now, so does that mean I just missed out on my chance [...]

I have a FHA loan and keep hearing about the FHA streamline refinancing. Can anyone tell me the pros and cons to this program. I also want to know the approximate closing costs or points associated with it. With this program can I roll the fees into the mortgage? Thanks.

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I have a dilema. I am in an ARM set to adjust in August 2008. I have a 12,500+ prepayment penalty that falls off in June 2007. If I refinance and keep the house I would have to get a new mortgage at around 0k. If I sell the house outright [...]

I have an ARM at 9% currently on my house, the rate goes up March 1, then 6 months again it goes up. So I have been in contact with an out of state mortgage Co. trying to help me refinance to an FHA loan. I was approved for the loan straight away and they [...]

So what gives when refinancing FHA that the property has to have been occupied for the previous 12 months? My ex is buying me out of the house that’s in his name, hasn’t lived there in a year but will again once it closes, and FHA won’t place the refi thru in his own [...]

00 closing costs would be added to the new mortgage. We’ve only been paying on the FHA loan for 2 years. Would the 1.875% drop in rates be worth it to refinance? How much could we save over years?
Thanks! Novice!

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I reckon it’s very annoying that people who do things right get ripped off and people who don’t rip the benefits. I don’t know the specifics of this new "bail out" plot but I reckon that I should get some benefit.
I bought my condo in September in Boston and financed with MassHousing (they give [...]

I am supposed to refinance on Sunday from a fha at 6.5% rate to a 5.5. my payment is approx 1670 with interest and all and will be down to 1535 with the refinance. He stated that my escrow will be sent and I can keep it (1200) and i can skip my march payment [...]