July 22, 2024

Streamline FHA Refinance Can Reduce Monthly Mortgage Payments

The FHA has a special refinance program that can reduce a homeowner’s monthly mortgage payment.  Under the FHA Streamline Refinance program, a borrower is allowed to refinance to a lower rate with greatly reduced documentation requirements and easier underwriting rules. The FHA Streamline Refinance program has certain eligibility requirements, as follows: The borrower must already […]