If you took out a government-backed mortgage over the last two years, you’re probably watching interest rates fall and wondering when to refinance. But before you take the refi plunge, you need to learn about a government program that can slash your monthly mortgage payments without the headache of endless paperwork or credit checks.
Intrigued? Meet the streamlined refinance. These programs are transforming the way homeowners with certain government mortgage loans—like a Federal Housing Administration (FHA) mortgage—get financial relief, including people who thought they’d never qualify.
