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Streamline refinance programs for you
The Federal Housing Administration (FHA) insures loans offered by approved lenders or banks to borrowers who have inadequate funds to make large down payments. Streamline refinance programs are the easiest way to refinance loans for those homeowners who have already been granted an FHA loan for lower monthly interest rates.
Streamline refinance programs have certain advantages:
However, there are also disadvantages in the streamline refinance program, which are as follows:
The criteria for eligibility of FHA streamline refinance are as follows:
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