Dallas Fort Worth Area homeowners that have an FHA insured mortgage that originated prior to June of 2009 are finally able to take advantage of lower interest rates without the much of the costs previously associated with a FHA Streamline Refinance program.
Dallas homeowners with an FHA insured mortgage that have looked into refinancing to a lower FHA interest rate have been subject to paying increased up front mortgage insurance premiums and monthly mortgage insurance premiums that – for the most part – have eliminated any benefit received from lowering the interest rate on their Dallas area home.
That is…UNTIL NOW!! Effective in June of 2012, Dallas homeowners with an FHA insured mortgage are eligible for a significantly reduced up front mortgage insurance premium (from 1.75% of the loan amount to .01% of the loan amount). This can be included into the new loan amount – making it a “no money out of pocket” streamline Refinance. Call or email email@example.com to learn more about your options.
- You must be current on your existing FHA Mortgage (USDA, VA and Conventional loans do not qualify)
- Your current FHA mortgage must have been endorsed prior to May 31, 2009.
- You DO Not Have to Refinance with Your Current Loan Servicer or Lender
- No Appraisal is Required
- Your Loan Amount Cannot Increase More than Your Current Payoff
For details or to get started today with a LOW FHA Streamline Refinance Rate in Dallas – contact firstname.lastname@example.org or complete the form below.