What is a streamline mortgage?

Answer High unemployment rates and excess debt cause American families to look for areas where they can lower their spending. Families in a financial crunch, who own a home should explore possibility of a... Read More »

Top Q&A For: What is a streamline mortgage

What is FHA 203k Streamline?

An FHA 203k Streamline mortgage is a type of home loan that allows borrowers to purchase a home in need of repairs and complete the repairs prior to moving in. Additionally, the loan can be used fo... Read More »

When should you refinance with FHA Streamline?

On One Hand: You Can Pay LessThe purpose of refinancing with an FHA Streamline loan is to get a better financial deal than with your current FHA mortgage. You will want to do this when you need to ... Read More »

What is streamline refinancing?

A streamline refinance is a type of mortgage refinancing that allows a borrower to convert from one mortgage to another with reduced documentation and paperwork. Most often, a streamline refinance ... Read More »

What is a streamline loan modification?

A streamline loan modification is also known as a streamline refinance. This occurs in mortgage loans exclusively and for FHA backed mortgages only. The FHA streamline refinance allows the borrow... Read More »