Tag Archives: FHA Streamline Refinance

The FHA’s Short Refinance Program

A little-known program offered through the Federal Housing Administration can be a lifesaver for qualified borrowers who are underwater on their home loans. It’s called the Short Refinance Program, and it’s the FHA’s way of offering a mortgage refinance loan that is manageable even for home owners with a poor loan-to-value ratio. The program is only available to borrowers who are current on their payments, but who owe more on… Read More »

FHA Streamline Refinance Guidelines and Details

FHA Streamline Refinance guidelines and details for current homeowners that have an FHA mortgage. The only homeowners that can take advantage of an FHA streamline refinance is homeowners that currently have an FHA loan on their property. Are you FHA (Federal Housing Administration) Streamline Eligible? Currently have an FHA Mortgage. Most recent 12 month payment history is on time. Net Tangible Benefit – FHA requires that your payment decrease by… Read More »