You can refinance your Indiana FHA Mortgage Loan without an appraisal and without any credit or income re-qualifying what so ever. The IndianaFHA Streamline Refinance takes the hassle out of getting a permanent interest rate reduction on your Indiana FHA Mortgage Loan.
In the 1980’s HUD created a loan program designed to “streamline” the refinance process for homeowners with existing Indiana FHA Mortgage Loans. The result is the Indiana FHA Streamline Refinance.
The four basic requirements of the Indiana 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 Indiana FHA Streamline Refinance
So, if your current interest rate is over 6% or so; you should consider looking at an Indiana FHA Streamline Refinance to get into today’s low rates.
To get started, click the FREE Indiana Home Refinance Analysis Tool Below:
If you have a Indiana Refinance question that you cannot find an answer for on our website, don’t hesitate to use our FREE Ask an Expert feature.
Call Open Mortgage today at 1-888-572-1455 to discuss your Indiana Loan options.