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How About An FHA Streamline Refinance?This is a discussion on How About An FHA Streamline Refinance? within the Mortgage Refinancing forums, part of the Mortgage and Loans Forum category; Note that with a streamline refinance you can get either a new 30-year term or you can add 12 years ... |
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| Mortgage Refinancing If your current mortgage has a high interest rate, you’re stuck in an adjustable rate mortgage, or you want cash out or to consolidate your debt, the answer to your mortgage problems is refinancing. Mortgage refinancing allows you to pay off the remainder of your existing loan by taking on a new loan with better terms. However, there are a number of mortgage refinancing options available to you. And within each of these options, there are particulars you need to be aware of. |
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Note that with a streamline refinance you can get either a new 30-year term or you can add 12 years to your current loan term. Making a loan longer at the same rate or a lower rate has the effect of reducing the monthly cost for ...
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| fha, refinance, streamline |
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