Ask Your Question

Angie's List Answers is the trusted spot to ask home improvement and health questions and get answers from service companies, health providers and consumers. For ratings and reviews on companies in your area, search Angie's List.

 
 
or
Top 30 Days Experts
Rank Leader Points*
1 LCD 2875
2 kstreett 240
3 Guest_9020487 110
4 Guest_9190926 105
5 ahowell 95
6 KnowledgeBase 95
7 skbloom 80
8 Guest_98024861 70
9 Guest_9311297 70
10 Guest_9400529 70

*Updates every 4 hours

Browse Projects By Category

Question DetailsAsked on 7/25/2013

what is a streamline loan

Do you have the same question? Follow this Question


2 Answers

0
Votes

It is an FHA (Federal Housing Administration) program (part of the recession "solution" by the Treasury department) that may let you reduce your payments and/or balance - read about it here -

http://www.fha.com/fha_article.cfm?id=27

also, you can google - streamline loan - for a bunch or articles on the program.

Answered 4 years ago by LCD

0
Votes

Its not a cut and dry answer. There is an FHA Streamline that allows for an interest rate reduction OR there is an FHA 203K Streamline Renovation Loan which is renovation mortgage which requires less documentation than a full 203K.



Bill Rich
Mortgage Loan Originator
NMLS# 203704
700 East Gate Drive, Suite 400
Mount Laurel, NJ 08054
Office:866-312-6682 Ext:4234
Ph: 856-437-8029
Cell:856-207-2958
Fx: 866-640-0198
WRich@Annie-Mac.com
williamrich.annie-mac.com

Answered 3 years ago by Guest_9554396




Related Questions


Terms Of Use
|
Privacy Policy