March 7th, 2012 5:40 PM by Preston Ware
So far I am seeing strong demand for the new and improved FHA refinance. Evidently there must have been a healthy segment of the population out there still sitting on the sidelines thinking about "Yay" or "Nay".
In the last fews days we have had a lot of inquiries. In a nut shell if you have a loan greater than $150,000 and your interest rate is greater than 5.75%, you probably should be looking at your loan right now. With the streamline FHA refi without appraisal you don't have to worry about being upseide down, there is no appraisal, and in many cases I can pay many of your costs!
Please see page devoted to this program. http://www.prestonware.com/FHAStreamlineRefinance
If you still have equity you can do an appraisal and pull cash out or do a rate and term but the same rules apply as far as using the old mortgage insurance factor if YOU CURRENTLY ALREADY HAVE AN FHA LOAN! This is an awesome opportunity.
This page will work for that: http://www.prestonware.com/FHAmortgageflorida
As always please feel to call on any scenario and I will send you an estimate.