Quicken Loans Launches New FHA Streamline Refinance Tool to Help Consumers Qualify for a FHA Refinance
FHA Loan Holders Can Find Out If They Qualify for an FHA Streamline Refinance in Six Easy and Quick Steps
Livonia, MI (PRWEB) June 9, 2009 -- Quicken Loans, the nation's largest online retail mortgage lender, has released a new Internet tool that helps homeowners who currently have an FHA loan find out whether they are eligible for a lower mortgage rate with a FHA Streamline refinance in six easy steps.
FHA Streamline is quickly becoming popular with consumers because it allows anyone with an FHA loan to lower their mortgage interest rate in just a few weeks and may not require an appraisal or income verification.
"FHA Streamline is a great product for current FHA loan holders who can benefit from today's low rates," said Bob Walters, Chief Economist for Quicken Loans. "Essentially, the government is providing an extremely cost effective way for homeowners to lower the rate on their FHA mortgage, while clearing many of the obstacles that get in the way of refinancing, especially in today's tight credit market."
To ensure that everyone who is eligible can take advantage of the FHA Streamline program, Quicken Loans launched its web tool at https://www.quickenloans.com/mortgage-options/fha-streamline. The FHA Streamline refinance tool takes mortgage clients through six easy steps, and upon completion, lets them know if they are eligible for the program.
Anyone interested an FHA Streamline Refinance should consider the following:
Do you have an FHA loan with a rate above today's mortgage rates?
Do you want a lower mortgage rate on your FHA loan?
Do you want a lower mortgage payment on your FHA loan?
Are you worried that your home value has lowered and you may not be able to refinance?
Do you want to refinance in just a few weeks?
Do you want the easiest qualifications ever for an FHA refinance, including the possibility of no appraisal and easier income/asset verification?
Do you want to keep money in your pocket that you are currently putting into your mortgage payment?
If the answer is yes to any of the questions above, an FHA Streamline may be the perfect program to minimize monthly mortgage payments.
Anyone with questions about an FHA Streamline Refinance can call our FHA hotline at (866)-577-8425.
About Quicken Loans:
Quicken Loans is the nation's largest online retail mortgage lender and one of the top ten largest retail lenders overall. The company closes loans in all 50 states via the Internet from centralized locations in Southeast Michigan; Cleveland, Ohio; North Scottsdale, Ariz., as well as its San Diego-based One Reverse Mortgage. Quickenloans.com has been named "Best of the Web" by Forbes and Money magazine.
Quicken Loans has been ranked in the "Top 30" of FORTUNE Magazine's "100 Best Companies to Work for in America" list for six consecutive years and ranked #1 or #2 on Computerworld's list of "100 Best Places to Work in Technology" for the past four years.
To read more about Quicken Loans unique culture, visit the Quicken Loans blog.
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