Fha Streamline Mortgage Rate

June 11 was the first day of FHA’s huge Upfront Mortgage Insurance Premium and Monthly Insurance rate decrease for many FHA streamline refinance transactions. This article is intended to help you.

An FHA Streamline is a great way to take advantage of historically low interest rates and lower your monthly payment because the process is simpler than what is required by most refinance programs.*Unlike a conventional refinance, an FHA streamline refinance may not require you to submit income documentation or get an appraisal.