You can refinance your California FHA Mortgage Loan without an appraisal and without any credit or income re-qualifying what so ever. The CA FHA Streamline Refinance takes the hassle out of getting a permanent interest rate reduction on your California FHA Mortgage Loan.
In the 1980’s HUD created a loan program designed to “streamline” the refinance process for homeowners with existing California FHA Mortgage Loans. The result is the California FHA Streamline Refinance.
The four basic requirements of the Californai FHA Streamline Refinance:
Your current mortgage must be an FHA Mortgage Loan
Your current FHA Mortgage Loan SHOULD be current
The FHA Streamline Refinance MUST result in a lower payment
Cash Out Refinances are not permitted under the CA FHA Streamline Refinance
So, if your current interest rate is over 6% or so; you should consider looking at an California FHA Streamline Refinance to get into today’s low rates
To get started, click the FREE California Home Refinance Analysis Tool Below:
If you have a California Refinance question that you cannot find an answer for on our website, don’t hesitate to use our FREE Ask an Expert feature.
Call First Priority Financial today at 951-506-4663 to discuss your California Loan options.