Do you want a lower rate, but your income, credit or appraisal won’t allow it? A Utah FHA Streamline Mortgage Refinance is the answer you are looking for!
An FHA streamline is a spectacular loan for anyone who currently has an FHA loan. The “Streamline” portion of the loan refers to the limited documentation that is required. This type of loan does not require income, asset or appraisal documentation and can usually be funded with no money out of pocket.
An FHA Streamline Mortgage will reduce your interest rate and payments without all the hassle of conventional financing.
Unlike a traditional Conventional or Full document FHA refinance mortgage you are unable to consolidate any debt outside your mortgage.
Here are a few of the reasons Utah FHA Streamlines are so easy:
· Reduce interest rates and payments with no hassle
· No income, asset or appraisal documentation required
· No fico score requirements
· 30 year fixed rates (With No Pre-Pay Penalty)
· No out of pocket expense
· If rates drop you can streamline again
· Less than perfect mortgage payment history
With an FHA Streamline Mortgage unfortunately you can not:
· Consolidate Other Debts
· Remove mortgage insurance
· Refinance if currently delinquent on mortgage
Utah FHA Streamlines are easy, fast and affordable. If you would like to learn more you can speak with me directly at:
Mike Harrison Send me an email Qualify Now Online
Principal Lending Manager
First Federal Mortgage, Inc
Salt Lake City, Utah
801-404-3540 Cell
888-800-1629 Toll Free