What is an FHA streamline, and how does it work?

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One of the most popular types of home loans for first-time buyers in the FHA loan. While we think VA loans are still the best option for those who qualify (see    • Is an FHA loan ever a good idea for veterans?  ), we know that, for various reasons, some people still end up going with an FHA loan.

If your current mortgage is an FHA loan, we wanted to let you know about an amazing refinance option: the FHA streamline loan. If you're eligible for an FHA streamline—including having an existing FHA loan, not being delinquent on your payments, and meeting all of the seasoning and benefit requirements—a streamline refinance can be a quick and easy way to lower your interest rate and mortgage payment.

To learn more about the FHA streamline refinance, make sure you watch the video so you can better understand all of the pros and cons. Or, if you'd like to talk with someone about actually getting an FHA streamline, you can call us or our sister company, Elevate Mortgage Group, at (888) 657-2848 for more information.

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For more info on Elevate Mortgage, you can visit their website, https://elevatemortgagegroup.com, or follow them on social media:

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This video is not intended for residents or homeowners in the states of WA, NY, or MA.

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This video is not intended for residents or homeowners in the states of NY or MA.