Fillable Re nancing an FHA loan is a breeze. (Flagstar Bank)

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Re nancing an FHA loan is a breeze. (Flagstar Bank)

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The FHA Streamline Refi nance makes it easy.
If you currently have a Federal Housing Administration (FHA) loan, you
may be eligible for one of the simplest money-saving refinances available
today.¹ The FHA Streamline Refinance allows existing, qualified FHA
borrowers to reduce your interest rate without having to jump through hoops.
Features and benefi ts
• 
Lower monthly principal and interest payments
• 
No income verification for non-credit qualified streamlines
• 
No appraisal required
• 
Subordinate financing may remain in place
• 
Eligible properties: owner-occupied 1-4 unit, condos, and PUDs
¹Existing loan must be serviced by Flagstar Bank.
All borrowers are subject to qualification, underwriting approval, lender terms and conditions. Programs subject to change without notice. Program terms available
may vary based on the state or county in which the financed property is located. Refinancing of existing FHA loans that were endorsed on or before May 31, 2009
and Section 247 mortgages are NOT eligible for a reduction in mortgage insurance premiums. New mortgage insurance premiums will be applicable to loans with
FHA Case Numbers assigned on or after January 26, 2015. Actual savings will be based on the terms and conditions of the note you sign at closing. WL10/18
Refi nancing an FHA loan
is a breeze.
Call to learn more.
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Re nancing an FHA loan is a breeze. (Flagstar Bank)

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Completed 20 November 2020

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