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Can I refinance into a USDA loan with USDA streamline? Do not currently have USDA

I'd like a USDA mortgage but right now I have FHA. Is this an option? 733 credit by canton_ray8659968 from Las Cruces, New Mexico. Aug 11th 2014 Reply


MIKE CONVIN (mconvin)
#6 ranked lender in Delaware - 202 contributions

hi: please email me I have some questions to ask for qualifications etc. Lending Nationwide (NMLS 754875) Mike 703 505 5300

Aug 11th 2014
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Pete Bass (PeteBass)
#30 ranked lender in Connecticut - 476 contributions

No, you can not refinance from FHA to a Streamline USDA mortgage. You can however explore the option of a FHA streamline refinance. Inbox me at pete.bass@everbank.com for more info.

Aug 11th 2014
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Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,848 contributions

No, you can not refinance into a USDA loan if you currently didn't get one to buy the house. FHA streamline refinance is pretty cool... Talk to a local mortgage broker in your area for more help with your options.

Aug 11th 2014
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Charlie Sparks (CharlieSparks)
#8 ranked lender in New Mexico - 401 contributions

Hello Ray,I concur with the answers others have provided. I'm with a FHA direct lender in Albuquerque and would be glad to help you. FYI I will be in Las Cruces in a little over a week, on 8/20, if you would like to meet. Charlie Sparks, Pinnacle Capital Mortgage, 505-350-3745 or csparks@pcmloan.com (MLO# 195031)

Aug 11th 2014
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Sean Young (SeanYoung)
#1 ranked lender in Colorado - 1,112 contributions

No you cannot do a streamline from FHA to USDA. However you can do a normal refinance into a USDA loan. Talk with a local lender/loan officer and have them present you with your best options.

Aug 13th 2014
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