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Updated over 4 years ago on . Most recent reply

User Stats

69
Posts
10
Votes
Keegan Darby
  • Rental Property Investor
  • Queen Creek, AZ
10
Votes |
69
Posts

FHA Streamline Program

Keegan Darby
  • Rental Property Investor
  • Queen Creek, AZ
Posted

Given the low interest rates, we are looking to do a streamline FHA and take our rate from a 3.625% to a 2.75%, saving $108/month.

However, the principal on the loan would increase by $4800. Is this common for the principal amount to increase this dramatically?

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