Getting an FHA Streamlined Refinace Mortgage in Idaho is Easy!

If you have an existing FHA loan, you are in luck.  FHA Streamline Refinance loans allow a home owner to refinance a loan in good standing with out having to get a new appraisal, verify income, or assets. 

The FHA Streamline Refinance loan assumes that if you have made your payment on time for the last 12 months, then you're a good borrower and they don't need to reverify everything.

The application process is similar to a regular loan except we don't have to verify as much, just the mortgage payment and a verbal verification of your employment.  I can do this in person, over the phone, or with my online secure application.

The FHA Streamline Refinance loan will not let you pull extra cash to pay off bills.  It will not allow you to exceed the original loan amount without an appraisal.  If you haven't paid down your mortgage very much, then you will probably have to bring some funds to close.  Usually, its $1500-$3000 and that is quickly recouped by your savings.