Madison Mortgage Blog: Brian Collins

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FHA Streamline Refinance Loans for Wisconsin Residents

Posted by Brian Collins on December 17th, 2009

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If you currently have a FHA Mortgage Loan in Wisconsin, you can refinance your current FHA Mortgage with almost no documentation (FHA Streamline Refinance).

As long as you will save $50.00 a month (5% after January 1, 2010) FHA will allow you to refinance your home mortgage with:

No Income Check (changing January 1, 2010)
No Asset Check (changing January 1, 2010)
No Credit Check* (changing January 1, 2010)
No Appraisal

*You can not have more than Two 30 day lates on your current mortgage in the last 12 months which is verfied by a 12
month mortgage history per FHA guidelines.

The only documents we would need from you are the following:

Note (from closing of FHA Loan)
HUD 1 (from closing of FHA Loan)
Copy of Social Security Card (if you can not find it a copy of a recent paystub or W2 with the SS number on it would be OK)
Copy of ID – Drivers LicenseHomeowners Policy with agents name and phone number

We can normally close on the mortgage in a weeks time.

For additional FHA information visit our website at http://www.madisonmortgageguys.com

Also, visit our FHA Streamline Refinance page for more details.

Brian Collins
Toll Free: (877) 240-5810 x106
brian.collins@madisonmortgageguys.com
http://www.madisonmortgageguys.com

Visit my blog at http://www.madisonmortgageguys.com/blogs_brian_collins/

other blog posts:

No money down first time home buyer:
http://www.madisonmortgageguys.com/blogs_brian_collins/content/no-money-down-first-time-homeowner-loans-in-illinois-fha-va-and-rural-housing/

Rural Housing loans:
http://www.madisonmortgageguys.com/blogs_brian_collins/content/how-to-obtain-a-rural-housing-mortgage-loan-in-wisconsin-and-illinois-with-no-money-down/

Jumbo VA loans:
http://www.madisonmortgageguys.com/blogs_brian_collins/content/va-jumbo-loans-for-illinois-and-wisconsin-residents-ameristar-mortgage/

FHA loans:
http://www.madisonmortgageguys.com/blogs_brian_collins/content/fha-mortgage-loans-in-appleton-wisconsin-no-money-down/

The loan process for first time home buyers:
http://www.madisonmortgageguys.com/blogs_brian_collins/content/the-loan-process-fo

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