FHA Streamline Refinances in Philadelphia are available to lower your principal and interest payments on your current FHA insured mortgage.
FHA Streamline refinances are designed to alleviate some of the normal requirements of a typical refinance. Here are some nuances of the FHA Streamline refinance….
- FHA Streamline refinances can be obtained with or without an appraisal
- Depending on the circumstances, credit reports, termite inspection and repairs need not be completed
- Cash back to the borrower is not allowed for FHA Streamline refinances
- No cost refinances ARE permitted. Premium interest rates are charged to defray closing costs and or pre-paid items
These nuances just might make the FHA Streamline refinance the right choice for borrowers with current FHA insured mortgages.
Please feel free to call or email for more more information.
Chip Gray
PA – Philadelphia
Providence Financial Solutions, Inc.
610-935-3023
