Arizona FHA Streamline Refinance – Instructions

On April 7, 2009, in FHA Mortgage, Featured, by Paul Dunn

You can refinance your Arizona FHA Mortgage Loan without an appraisal and without any credit or income re-qualifying what so ever.  The AZ FHA Streamline Refinance takes the hassle out of getting a permanent interest rate reduction on your Arizona FHA Mortgage Loan.

In the 1980’s HUD created a loan program designed to “streamline” the refinance process for homeowners with existing FHA Mortgage Loans.  The result is the FHA Streamline Refinance.

The four basic requirements of the Arizona FHA Streamline Refinance:

  1. Your current mortgage must be an FHA Mortgage Loan
  2. Your current FHA Mortgage Loan SHOULD be current
  3. The FHA Streamline Refinance MUST result in a lower payment
  4. Cash Out Refinances are not permitted under the AZ FHA Streamline Refinance

So, if your current interest rate is over 6% or so; you should consider looking at an Arizona FHA Streamline Refinance to get into today’s low rates.

Download the application-pack-for-fha-streamline and watch the video “FHA Streamline Application Instructions – How to Refinance Without an Appraisal.”

Tagged with: • • • • • • • •
 
About the author

Paul Dunn

Paul Dunn is a Mortgage Loan Originator with First Priority Financial and has been in the Mortgage Loan Origination business since 1991. Now with mortgage rates we only dreamed of years ago, and depressed home values Real Estate In Arizona Is Like Being In K-Mart With The Blue Light Flashing! There are terrific opportunities out there for buyers. We now see the USDA as a major player in helping buyers KEEP THEIR DOWN PAYMENT IN THEIR BANK ACCOUNT and keeping their monthly payments lower than any other type of loan with the USDA Rural Home Loan! And FHA is participating in LOW RATE RELAXED CREDIT FHA Mortgage Loans for First Time Home Buyers. Paul can be reached at his Tucson Arizona office at (520) 225-0380

Visit Authors Website

If you enjoyed this article, please consider sharing it!
Digg Delicious Mixx StumbleUpon Digg

Comments are closed.



Go To Top »

About My FHA Blog

MyFHAblog.com is a group of FHA Mortgage professionals who share the same commitment to education, transparency and integrity in lending.

The purpose of publishing FHA mortgage related articles on the same centralized platform is to provide the most valuable user experience for our clients and real estate agents.

Since the mortgage landscape is constantly changing with new laws, available programs, and FHA mortgage guidelines, we can serve our local markets more efficiently by combining resources and expertise.