MN Homeowners!

FHA Streamline Refinancing Opportunities*

Are you paying too much on your FHA mortgage?

Save money and lower your monthly mortgage payments.

FHA Streamline Refi Basic Qualifying:

• Loan must be a FHA insured loan to be refinanced.
• Loan to be refinanced must be current not delinquent.
• FHA refinance is to result in a lowering of the borrower's monthly principal and interest payments.
• No cash may be taken out on mortgages refinanced using the streamline refinance process.
• To refinance without having the home appraised, borrower must pay all closing costs and prepaid expenses out of pocket or through Lender Subsidies (No Cost Refinance)
• When refinancing with an appraisal, new loan amount cannot exceed 97% of appraised value and borrower cannot receive more than $500 cash back at closing
• Get your Custom RateWatch report today.

For more click here FHA Org Info

Call Peter Boyle 612.701.6816
pboyle@summit-mortgage NMLS License # 218261 

*Summit Mortgage Corporation
*Please check with your lender for current pricing and personal mortgage analysis.
*The information in this Web site can change without notice. This is an Equal Housing Credit Lender. Equal Housing Lender