Already Have and FHA Loan?
Then you may be eligible for an FHA Streamline Refinance.
Recent changes in FHA lending have given you an opportunity to reduce your rate and payment at NO Closing Costs to you or very low closing costs, with limited documentation, and in most cases no appraisal is needed.
The Federal Housing Authority is offering this special offer to homeowners in your area who have made their mortgage payments on time.
Lower your rate and reduce your payment in less than 30 days!
No Cost Refinance
Do You have excellent credit?
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Then you deserve an excellent rate.
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If you owe (or want to borrow) at least $200,000
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If your home value can support the mortgage
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If your income supports your mortgage
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You may be eligible for a No Cost Home Loan
Call for Today's No Cost Refinance Rate 877.838.8510
Is it really No Cost?
Yes!
You will be asked to submit an application fee after your loan request is pre-qualified. This fee will be fully refunded to you at closing, however, the fee will not be refunded if you fail to close on the mortgage.
We will pay all closing costs associated with your mortgage including appraisal fee, credit report, bank fees, title charges, recording fees and attorney fees.
You may have to bring funds to closing should you not borrow enough to fund all the required expenditures. This includes balances on all your current mortgages, interest due on your current mortgages, fees owed your current lender, prepayment penalties for your current mortgages, outstanding real estate taxes, and any outstanding income taxes, judgments and liens. The lender could require you to pay any open collection accounts as well as recent charge-offs that appears on your credit report.
You must prepay the first month's interest on your new mortgage and fund the escrow account for your taxes and insurance.
Finally, in the event that the appraisal on your home does not substantiate the required value, the final amount of the loan could differ from that on the initial preapproval.
We will be happy to assist you in projecting your funding requirements.
What can I expect?
You initiate the process by submitting your inquiry. We will call you to review your options and help you determine how much you will save by refinancing.
Then, once you decide to proceed, we will take your loan application over the phone, and, with your authorization, obtain a credit report and underwrite your loan to verify that you qualify for the mortgage.
We will, of course, fully explain your options before you are asked to
make any decisions.
When you give us the green light, we'll send you an application package.
At that point, we require that you pay an application fee as you return the signed application together with all requested documentation.
This application fee will be fully refunded to you at closing. However, the fee will not be refunded if you fail to close on the mortgage.
You may anticipate that it will take approximately 30 days from the receipt of your complete application package for us to order an appraisal and title report and obtain a loan commitment. Allow an additional fifteen days to close the loan.
Call TODAY and Get the Home Loan You Deserve!
877.838.8510
Homeowners Financial Services has many Refinancing options to fit your situation
