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FHA Jumbo Streamline Refinance

FHA Jumbo Streamline Refinance Program Guidelines

With the new Loan limits, many Homeowners have found they have a FHA Loan that is actually at a higher principal balance than the new 2009 FHA Loan limit for their area, limiting their ability to refinance into the new lower rates available today.

For instance, if you purchased a home with a FHA Jumbo Loan in Los Angeles in 2008, the limit was $729,750. In 2009 the limit for Los Angeles is $625,500. Those Homeowners who purchased homes using FHA Jumbo loans in 2008 with loan amounts higher than the 2009 limits (> $625,500) may have been told by their lender that they cannot refinance into today's new lower rates due to their FHA Loan exceeding the 2009 loan limits

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FHA Loan Information

The FHA does not lend money. The FHA (Federal Housing Administration) is part of HUD & backs individual Approved Lenders.

Our responsibility is to help you find the best FHA Approved Lender who can help you secure financing.

When you fill in our short application we will provide your information to one, (and only one) FHA Approved Lender who can help you based upon many factors, including your Credit Score, your State Location, and the Type of Loan you apply for. Our responsibility is to help you find the best FHA Approved Lender who can help you secure financing.

Note: We are not affiliated with the Federal Housing Administration, the Department of Housing and Urban Development, or any other government agency. We are an FHA Educational Resource.

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FHA News & Information

Last week's drop in interest rates sparked a surge in purchase mortgage application volume for the first time in over a month.

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