Fha Streamline A Scam Client Tells All

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Posted on November 02, 2018 at 02:10 AM

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FHA Streamline Refinance Guidelines & Rates
The FHA Streamline Refinance is an FHA-insured mortgage, and FHA borrowers are required to make two types of mortgage insurance payments — an upfront mortgage insurance payment paid at closing ...
FHA Loan Articles - FHA.com
FHA HECM loans are designed specifically for those age 62 or older who want an FHA loan product that lets them cash in on the equity built up in their home over the years. The scam sometimes includes an offer of payment on a home the borrower didn't actually buy, or a no down payment home loan.
HUD.gov / U.S. Department of Housing and Urban Development ...
FHA does not allow lenders to include closing costs in the new mortgage amount of a streamline refinance. Investment properties (properties which the borrower does not occupy as his or her principal residence) may only be refinanced without an appraisal. Detailed instructions to the lenders are contained in HUD Handbook 4000.1, II.A.8.

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