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A second streamline refinance? is this even possible?

I got a stream line refinancea little over a year ago to lower rate and go to a 30 year fixed mortgageCan i do another to reduce rate again, looking at 5/1 rates? Santa Monica,CA | Aug 23rd 2010
by bobwarn...
Answer


by FHASUBM...

Hello Bob - Yes you are able to do a streamline refinance .....feel free to give me a phone call and I would be happy to run the numbers for you and let you know if it would make sense and if so what your savings would be in doing so.The easiest number to contact me on is the cell phone (310) 984-0496 I will answer it being that I have reception or the corporate line (877) 870-2676. Jeffrey Martino Young Essex Mortgage Bank in Santa Rosa.

Aug 23rd 2010
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by adennie

If you are looking for a 5/1 arm, please see our rates. We have 5/1 rates as low as 3.375%! Please send me an email for a free quote. adennie@fmbranch.com

Aug 23rd 2010
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by Cindy W...

HI Bob,Yes you are able to do another streamline. Please give me a call to discuss your personal scenario. I am a correspondent lender so we lend our own money. I have access to rates with BofA, GMAC, Wells Fargo ,and can also broker loans. I have a full range of products to be able to help you! Let me know and I would be happy to look up the guidelines for you. Thank you for your question and I look forward to speak with you. Rates are very low, in the mid 4's depending on your scenarioCindy MacDonell707-206-2832Primary Residential Mortgage Inc.

Aug 23rd 2010
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by brett@h...

Bob, as you've already heard, yes it's possible if it makes sense and conforms to the new FHA Streamline guidelines. Now, the requirement is that you've made at least 6 payments on your previous loan, which you have. Click on the Find a Lender tab above to find a good lender in your area.

Aug 23rd 2010
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