FHA Streamline Refinance would allow you to avoid an Appraisal, but the rates and pricing depend on your credit score. The mortgage payment history must show no late payments in the last 12 months. The Condo Association may need to provide an updated budget or other financial documents if the association is no longer on the Active Approved List. I am happy to investigate the options with you offline, so feel free to reach out. We are a federally chartered bank providing financing in all 50 States.
Yes, But it all depends on which type of loan product you have now... If it's FHA, you can do a streamline with no appraisal.. if it's VA, you can do an IRRRL with no appraisal, if it's a conventional loan initiated prior to May 2009, and your loan is owned by Freddie or Fannie, then you can use HARP 2.0 and an appraisal is waived in most cases.. if you're not sure which type of product you have, you can contact a local mortgage broker and let him look at your particular scenario... I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com
If your current loan is an FHA loan as you indicate, than it is eligible for a streamline refinance which requires no appraisal. NOVA is licensed in Virginia and we can help. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com 888-889-9950
Yes there is. If it is an FHA loan you can do a streamline refinance without an appraisal. If your loan is owned by Fannie or Freddie and it was purchased by them prior to May 31st 2009 you may qualify for a Harp refinance. we are not licensed in Virginia if that is where you are from but we would still be glad to help you by answering any questions you may have.Call us at 201-962-3555 and ask for Benny or Michelle
There is help for FHA loans that are underwater and William's response is dead on. I'm a mortgage broker serving VA, MD & DC. Please fee free to contact me for more information. Lynn Bossi Kinsel NMLS#259819, Patriot Mortgage NMLS#188916, cell #804-677-8588.
If you currently have an FHA loan and your condo is still approved by the FHA, then you should definitely contact a local lender and inquire about the FHA Streamline.
Yes, with an FHA loan you can do a streamline refinance that requires no appraisal. There are some credit credit criteria that you need to meet. Each lender is different. Call one of the Lender 411 mortgage professionals in Virginia. I am sure they can give you good answers to your questions. Good luck.
Yes ! I would be happy to review your information on the phone and get you an answer today or this evening? Mark 302-449-7373
FHA streamline will provide you some relief as long as the units are still FHA approved and I'm happy to speak with regarding your request. I can be reached at ballen@monarchmortgage.com or phone 888-354-3299.
Yes a FHA loan you can do a streamline refinance without an appraisal, call a local mortgage broker from our panel...
Those can be done under the NEW HARP 3 coming out soon. WWW.HARP3REFIMORTGAGE.COM
Be careful, if your current loan is an FHA, then you can do a streamline without an appraisal only if the condo is still FHA approved. Many condo projects have lost the FHA approval. Good Luck!
Yes, FHA Streamline Refinance
An FHA Streamline Refinance will allow you to refinance the condo with no appraisal (by using the original appraisal from you purchased the condo to determine its value).
Yes, But it all depends on which type of loan product you have now... If it's FHA, you can do a streamline with no appraisal.. if it's VA, you can do an IRRRL with no appraisal, if it's a conventional loan initiated prior to May 2009, and your loan is owned by Freddie or Fannie, then you can use HARP 2.0 and an appraisal is waived in most cases.. if you're not sure which type of product you have, you can contact a local mortgage broker and let him look at your particular scenario... I'm a Mortgage Banker in Metro Phoenix AZ and I licensed to only lend in Arizona and California. I have some former associates that I can refer you to or you are confortable on the internet check out this website of NMLS licensed LO in Virginia. http://www.nmlsconsumeraccess.org/
YES, the FHA streamline loan offers a no appraisal option that should work well. Sit down with a local non-bank FHA lender for more assistance. For home in MN or Wi, visit www.FHA-Streamline-Refinance-MN.com
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