by The 2 Mortgage Guys | Sep 23, 2009 | Indiana Mortgage Blog, Program Changes
FHA has permitted streamline refinances on insured mortgages since the early 1980’s. The “streamline” refers only to the amount of documentation and underwriting that needs to be performed by the lender, and does not mean that there are no costs...
by The 2 Mortgage Guys | Sep 22, 2009 | General News & Information, Indiana Mortgage Blog, Program Changes
FHA is rolling out some changes on January 1st, 2010. One of the big changes is the restrictions on FHA Streamline Refinance transactions. If you don’t know what a streamline refinance is, it’s the ability to refinance a current FHA loan without the need...