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Web Changes

This is where we'll announce the most recent additions to our web site. If you've visited us before and want to know what's changed, take a look here first.

FHA STREAMLINE

If you currently have an FHA loan – now is the time to lower your payment and interest rate.

Rates are still at a 30 year low

 

·        Lower Interest Rate - A lower interest rate than the one you are currently paying can save you thousands of dollars per year.

·       Lower Monthly Payments - Due to a lower interest rate, you will most likely be lowering your monthly payments. This will allow you to save more money or possibly help you in paying off other bills more quickly with the extra savings.

·       Shorter Amortization Schedule - Maybe instead of saving on a monthly basis, you are comfortable with the monthly payment and you would rather save thousands in the long run by shortening the term remaining on your mortgage, going from a 30 year loan to a 15 year loan.

·       Security of a Fixed Rate Mortgage - If you currently have an adjustable mortgage or 2/1 buy-down that is currently or will be adjusting to a higher rate than the current 30 year fixed, you may want to streamline refinance and get the benefits of the lower rate and the stability of fixed payments.

·       Refinance with little or no cost to you - FHA streamline refinancing can be tailored to your specific needs; from a no out of pocket option to possibly financing some of the closing cost. If the loan costs you nothing, then the savings benefits are immediate.

(ALL PROGRAMS SUBJECT TO CHANGE AND REQUIRE FINAL INVESTOR APPROVAL)