FHA Streamline Refinancing without Costs
The FHA Home Loan Blog recent published an article that uncovered some new opportunities for no cost FHA streamline refinancing. There are approved FHA lenders that are offering no cost mortgage refinance opportunities for a select group of borrowers. If you have good income and high credit scores above 700, there is a good possibility that you may qualify for a no cost FHA streamline loan in which the lender is paying for the closing costs on their end. This way you do not have to come out of pocket to cover the closing costs and your mortgage balance would not go up because you are not financing fees that FHA will not allow anymore anyways. Qualifying for no cost FHA streamline loans will take some shopping online to find a credible FHA loan company that offers these unique refinancing incentives, but clearly it will be worth it financially in the long run. Read the original FHA article online > No Cost FHA Streamline Refinancing
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