FHA STREAMLINE:    NO APPRAISAL

The biggest difference between the FHA Streamline and most traditional refinance programs is that it doesn’t require a home appraisal.  Instead, the FHA will allow you to use your original purchase price as your home’s current value, regardless of what your home is actually worth today.  With an FHA streamline refinance, most documentation is elminated making the process fast and simple. 


 
Here is an overview:

  1.   No appraisal is required.
  2.   No income documentation is required.
  3.   No hard credit report is required.
  4.   Closing Costs are reduced or elminated.   And most times, we can help pay your costs!
  5.   You will skip at least one monthly payment!


If you have an FHA loan and are looking for a fast and easy way to reduce your interest rate and monthly payment then the FHA Streamline Refinance program is right for you!   

TODAY'S FHA STREAMLINE MORTGAGE RATE:   5.74%  -  5.815% APR.

Have questions?  Call 440-247-5656 or email me at steve@cstonelending.com