FHA Streamlines offer Homeowners a life raft

Trying to find the right loan in this market can prove to be difficult at times and thats precisely why it's important to align your self with seasoned mortgage professionals such as Oakwood Financial Corp. It's a known fact that many loan officers dont know specifically how to coordinate FHA streamline refinances and in this day and age this product is one of the primary means of capturing a lower fixed rate if you are currently are an FHA mortgagee.

This program makes the process fast, easy, and pain free. In most cases we do not require an appraisal, no credit check. So even people with credit scores as low as 400 may qualify for a streamline refinance and take advantage of todays low market interest rate. What's more, we will not need to requalify you for the loan, so if you have changed jobs, income, has lowered from previous years or whatever your case may be you can rest assured in most instances we can still refinance your home.

Well that's all very nice, so whats the catch? Catch! there isnt one, but to qualify for this program we do require you to meet one condition. All of your mortgage payments must have been made on time in the past year. What that simply means is, not one payment in the past year can be greater (>) than 30 days late.

If you have been on time in the  past year, GREAT! You qualify regardless of credit scores

CLICK HERE TO APPLY TODAY