Find out how florida pro mortgage can get you approved online to refinance your mortgage. Florida Pro Mortgage accesses mortgages at wholesale rates and passes the savings on to you. Our loan experts use innovative technology to make home refinance easy.
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You need to have made at least 6 payments on your current FHA loan to qualify for an fha streamline refinance. Net Tangible Benefit FHA has strict requirements to protect their borrowers and ensure that there is an actual benefit to you in terms of lower monthly payment or movement from an adjustable to fixed rate mortgage loan.
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Lock in a lower VA rate with a VA Streamline Refinance Loan; Lock in a lower rate FHA with a fha streamline refinance loan; Finally, Refinancing Made Simple. Let’s revisit your refinance mortgage needs and choose the right mortgage refinancing option that will bring you closer to your financial goals.
A VA streamline refinance merely requires that your new mortgage rate be lower than the old one, unless you are refinancing out of an ARM, in which case your new rate may be higher. A VA streamline also allows you to refinance to a shorter term if you wish, even if your mortgage payments increase as a result.
Read here to learn about FHA streamline refinance and how it works.. What Is FHA Streamline Refinance And How Does It Work?. New Florida Mortgage LLC is an Equal Housing Broker. The federal agency that administers our compliance with these federal laws is the Federal Trade Commission.
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