Conventional Streamline Mortgage Refinance
Most lenders offer a conventional streamline mortgage refinance process. Regardless of who originated your loan, the lender I am referring to is the one to whom you currently make your mortgage payment. As you are aware, mortgages are bought and sold every day, and it is the current mortgage servicer who determines if a conventional streamline mortgage refinance process is available. You are usually able to eliminate recording, state, and county tax payments (same ender old mortgage and new mortgage)You usually must requalify according to the lenders current conventional streamline mortgage refinance guidelines and we must appraise the property to verify value, but this can be a money saving approach. Of course, if you have an issue with the current lender you may want to change anyway. I can probably help you regardless of who currently services your loan. Email with questions about a conventional streamline mortgage refinance
Also, some lenders have released an "Enhanced Conventional Streamline Mortgage Refinance Process" designed to allow you to lower your mortgage payment without the need for an appraisal or credit requalification. The enhanced conventional streamline mortgage refinance program allows:
This program is designed to save our customers money. Please contact me to see if you qualify for this exiting program.
Read more about Conventional Streamline Refinance Closing Costs
Learn more about debt consolidation conventional streamline refinance
More about how to eliminate PMI
Calculate your "Payback Period" to verify refinancing makes sense in your specific situation.
As a Certified Mortgage Planning Specialist, I offer an analysis of your situation today can make suggestions on how small changes in how your consumer debt is structured today can have a life changing effect in the years to come. Read more about this free, no obligation service.
Prequalify for your Conventional Streamline Refinance.