Millions of homes today are currently financed with an FHA home loan with rates higher than today’s interest rates. The FHA streamline refinance program was designed by HUD nearly twenty five years ago to help home owners with an existing FHA home loan to refinance to lower monthly costs without all of the necessary qualifications of other loans. The FHA streamline refinance could put billions of dollars of monthly principal and interest payments back into the economy through simply saving home owners hundreds of dollars on monthly payments.

If you have an existing FHA home loan you owe it to yourself to contact your FHA streamline refinance specialist today and apply for the loan for which you are likely already qualified. Even if your home has declined in value and even if your income has gone down over the last few months you still likely are qualified to use the FHA streamline refinance.

Rates are low today and there is no way of knowing how much longer they will stay that way. Chances of them going any lower are extremely small since the Federal target rate is so low any additional cuts would make it zero. Call your FHA streamline refinance expert and get started today!