A Streamline Refinance lets qualified FHA borrowers reduce the interest rate or shorten the term of their mortgage without an appraisal and without having to pay closing costs. That means you may be able to reduce your monthly payments with no out of pocket costs.
Finding the right financing for your dream home can be easier than you think. If you're looking for a way to buy a house with a smaller down payment and simpler refinancing, consider Federal Housing Administration (FHA) home loans. These loans make it easier for many people to buy a home. Let's break down why FHA loans might be a good fit for you.
Lower Down Payments, More Opportunities
Imagine finding your perfect home but not having enough money for a big down payment. That's where FHA loans can help. You might only need to put down 3.5% of the home's price, which is less than what's typically required. This makes it possible for more people to become homeowners, especially if you're buying your first home or have a modest income.
Easier Refinancing for Current Homeowners
Already own a home? FHA loans have benefits for you too. If you want to refinance your existing FHA loan, it can be simpler and faster. You might be able to lower your monthly payments without jumping through hoops like getting a new credit check or home appraisal. It's a straightforward way to manage your finances better.
Why Choose Us for Your FHA Loan
At Oceanside Mortgage Company, we specialize in FHA loans and want to help you achieve your homeownership goals. The best part? We don't charge extra fees for getting your loan started. Our team knows all about FHA loans and is here to guide you through the process, whether you're buying your first home or refinancing your current one.
Start Your Journey to Homeownership Today
Ready to take the first step toward owning your dream home? With smaller down payments, easier refinancing, and no extra fees, we're here to help you make homeownership a reality. Get in touch with us today, and let's make your homeownership dreams come true. Call now: (800) 955-8965
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Learn more about FHA home loans including news, tips, and information.
Oceanside Mortgage Company
Oceanside Mortgage Company (nmls id# 80015) is a private corporation. Oceanside Mortgage Company is not acting on behalf or at the direction of hud/fha/va/usda or the federal government. This is not a commitment to engage in a loan transaction. All loan products and loan amounts may not be available in your area and are subject to credit and property approval pursuant to agency and investor guidelines. Information, rates, and programs are subject to change without notice. Other restrictions and limitations may apply. By refinancing your existing loan, your total finance charges may be higher over the life of the loan. Oceanside Mortgage Company is an equal opportunity housing lender. You can find additional information on Oceanside Mortgage Company at nmlsconsumeraccess.org
Oceanside Mortgage Company is an Equal Housing Lender.