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The Federal Housing Administration (FHA) - which is part of HUD - insures the loan, so your lender can offer you a better loan.
The FHA offers a streamline refinance on insured mortgages. The term "streamline" refers to the amount of documentation required.
The Benefits of a FHA Streamline Refinance
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Mortgage Lender Rates.com. is not acting as a lender or broker. The information provided by you to Mortgage Lender Rates is not an application for a mortgage loan, nor is it used to pre-qualify you with any lender. If you are contacted by a lender or broker advertising within our network, your quoted rate may be higher depending on your property location, credit score, loan-to-value ratio, debt-to-income ratio, and/or other factors. Mortgage Lender Rates does not offer its matching services in all states. This loan may not be available for all credit types, and not all service providers in the Mortgage Lender Rates network offer this or other products with interest-only options.
Rate Disclosure: This Interest rate tool, shows a comparison of rates and APRs available from a sample of our lenders on the Mortgage Lender Rates.com Network. Rates displayed are reflective of the lowest rates and corresponding APRs from the sample lenders' pricing sheets from our network lenders. Lenders include but are not limited to QuickenLoans, LoanDepot and Guaranteed Rate.com. Rates shown reflect the payment of one discount point for the following consumer segment: 720+ FICO, $220,000 loan amount, LTV LTE 80%, SFD, Primary Home. The displayed rates were reported for the time period shown on table and are not intended to reflect rates that are currently available. Broker Match Inc is not a lender. All credit decisions will vary based upon your loan request and credit profile and are determined independently by each lender with whom you are matched. Rates and terms offered will vary based on the lenders with whom you are matched and are subject to change based on fluctuations in interest rate markets. you may be contacted by up-to (5) different lenders in order to accommodate your mortgage rate request
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