In this video, we overview FHA Streamline Refinancing and FHA Cash-Out Refinancing. FHA Streamline Refinance is reserved for homeowners with existing FHA mortgages. It is the fastest and simplest way for FHA-insured homeowners to refinance their respective mortgages.FHA Cash-Out Refinance is a loan where you borrow more than you owe on your mortgage, then receive the extra cash after the mortgage and loan costs are paid.
For more information, see our article: FHA Refinance | FHA Streamline Refinance, FHA Cash-Out Refinance.
FHA Streamline Refinance and FHA Cash Out Refinance