One of the great benefits of having an FHA loan is the ability to do a streamline. With a streamline you can refinance your current loan and not have to go through the hassle of pulling credit, doing an appraisal, or providing income documentation.
You must have made at least 6 monthly payments on your current note and had no 30 day delinquencies during the previous 12 month period.
LOAN PROGRAMS
FHA Fixed Mortgages 30 year fixed 15 year fixed
FHA Fixed Period ARM's (Adjustable Rate Mortgage's) 1/1 ARM = 1 years fixed, 29 year ARM 3/1 ARM = 3 years fixed, 27 year ARM 5/1 ARM = 5 years fixed, 25 year ARM
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