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Statements

Subject Item
dbr:Streamline_refinancing
rdfs:label
Streamline refinancing
rdfs:comment
Streamline refinancing is a mortgage refinancing process in the United States for Federal Housing Administration (FHA) mortgages that reuses the original loan's paperwork allowing quicker refinancing. The program was introduced by the FHA as a way to speed up the home refinancing process. By reusing the original loan's paperwork, the process to refinance a home was reduced from a few months to only a few weeks. Streamline refinancing has become more popular because reuse of the original home's appraisal may be the only way someone underwater on the property can refinance it at all.
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dbc:Mortgage dbc:Personal_finance
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1006113039
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dbr:Private_Mortgage_Insurance dbc:Mortgage dbr:Federal_Housing_Administration dbr:Refinancing dbc:Personal_finance dbr:Real_estate_appraisal dbr:Negative_equity dbr:FHA_loan dbr:Veteran's_Administration dbr:Mortgage dbr:Credit_report dbr:United_States_Department_of_Veterans_Affairs
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dbo:abstract
Streamline refinancing is a mortgage refinancing process in the United States for Federal Housing Administration (FHA) mortgages that reuses the original loan's paperwork allowing quicker refinancing. The program was introduced by the FHA as a way to speed up the home refinancing process. By reusing the original loan's paperwork, the process to refinance a home was reduced from a few months to only a few weeks. Streamline refinancing has become more popular because reuse of the original home's appraisal may be the only way someone underwater on the property can refinance it at all. Streamline refinancing is an option for borrowers who want to take advantage of low interest rates, get out of an adjustable rate mortgage (ARM) or graduated payment mortgage (GPM). Both the FHA and VA offer streamline refinancing for home mortgages.
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wikipedia-en:Streamline_refinancing?oldid=1006113039&ns=0
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