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Updated almost 4 years ago on . Most recent reply

Jorge Lerdo de Tejada's profile image
Jorge Lerdo de Tejada's profile image
Jorge Lerdo de Tejada
  • Member since Feb 14, 2020
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Jorge Lerdo de Tejada's profile image
Jorge Lerdo de Tejada's profile image
Jorge Lerdo de Tejada
  • Member since Feb 14, 2020
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Jorge Lerdo de Tejada
1
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Creative Real Estate Financing

difference between conventional vs FHA streamline refinance

Jorge Lerdo de Tejada
Posted

I have been paying a 30yr FHA loan at 3.7% for 6 year. I am interested in knowing if refinancing will be worth it, since i believe the equity in the house could be higher than 20% (therefore no Mortgage insurance?). Also interested in knowing if I refinance what is the difference between a conventional loan re-finance and a FHA Streamline refinance?

Thank you for your help in advance!

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