FHA Streamline

Refinancing into a lower monthly mortgage may help homeowners.

• Reduce an existing overall mortgage payment
• Reduce an existing mortgage interest rate
• Build home equity faster.

Refinance with confidence.

• Lender-paid closing costs – No out-of-pocket closing costs for borrowers
• No appraisal required – Use of original appraised value may help minimize declining value issues
• No maximum income ratios – Changes in income may have less impact
• Quicker financing process – Reduced documentation helps facilitate faster loan closing
• Potential refund of existing FHA upfront MIP

Contact us by phone at (919) 539-9800 or by email at dabarnes@monarch1893.com for a complimentary mortgage pre-approval to find the right home financing option for you!