What is an FHA Streamline Refinance?
The FHA Streamline program allows you to lower your interest rate and skip a monthly payment. The program requires less documentation than a typical refinance, the process takes between 14 to 30 days.
The Benefits of an FHA Streamline Refinance
Let’s take a look at the benefits of the FHA Streamline Refinance program.
Skip two mortgage payments
Receive your current escrow account money in the form of a refund
Lower your interest rate at least .5%
No out of pocket costs
Lower you monthly payments
Accelerate the payoff of your mortgage by reinvesting your monthly saving into your payment
Lower your loan term, (including odd year terms: 29, 28, 27 etc. year mortgages)
Calculate Your Loan Payment
Enter the notice number you received in the mail plus your zip code to view your loan amount and estimated monthly payment.
Current Loan Information
Below is the information we have on file.
New Loan Information
Input your current interest rate, total payment, and credit score to review your new loan information.
| Total New Loan | $0 |
| Amount New Interest Rate | 0% |
| Principal & Interest | $0 |
| Taxes | $0 |
| Insurance | $0 |
| Total Payment | $0 |
| FHA Maximum Base Loan Calculation | $0 |
| Original UFMIP | $0 |
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| Monthly Savings | $0 |
| Annual Savings | $0 |
| Total Savings | $0 |
Beat the Bank Benefits
Reinvest your savings into your mortgage
Cash Back
| 2 Skipped Payments | $0 |
| Estimated Escrow Refund | $0 |
| Total Cash Refund | $0 |
Savings Outlook
| Payoff mortgage in | 0 Years |
| Total payment savings | $0 |
| Total additional principle in 1 year | $0 |
| Total saved in interest payments | $0 |
| Loan Officer |
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Other Helpful Resources
Here are some resources to help you with your choice:
Free Report
At Credence Funding Corporation we have compiled these free reports to help you become an informed consumer.
FAQ
If you have questions, we have answers. This is a list of the inquiries we hear the most:
Glossary
Mortgages and the language used to describe them can be confusing. We have compiled definitions for common terms:
Free Report
At Credence Funding Corporation we have compiled these free reports to help you become an informed consumer.
FAQ
If you have questions, we have answers. This is a list of the inquiries we hear the most:
Glossary
Mortgages and the language used to describe them can be confusing. We have compiled definitions for common terms:
What Others are saying
We work closely with many individuals to fulfill there mortgage needs, The sentiments of our clients matters deeply. We’re proud to share what they’re saying about us.
I had the pleasure of working with Credence Funding Corporation recently on refinancing my Loan. The process could not have gone any smoother. From my initial consultation with the loan officer to the signing process. I received a great rate and fair closing costs. When I was shopping around I spoke with the company that owns the mortgage to give them a chance to match Credences interest rate and cost and they could not come close to it! I highly recommend Credence Funding Corporation.
Dave Berendt, Associate Principal for Student Experiences, Maine South High School
Credence Funding Corp. sent me a letter that I responded to. I spoke with a loan consultant. I found him to be most trustworthy in answering ALL my questions and then backing things up in writing. I’m not blowing smoke.. I was most impressed! Whenever I or my wife had a question we would call or text and always received a full and complete explanation. Never a fear never a doubt, we were truly taken care of and knew we were dealing with a professional individual and company. Talk about service, with Credence Funding YOU know your getting Professionalism at it best.
Michael & Nancy Gray
Credence Funding gave me what I needed, with no out of pocket fees. I got a new lower locked interest rate lowering my house payment by 1/3, saving me $3600 a year, and at 71 that's big money to me. Credence Funding was very professional and had good answers to all...
Scott O
I have worked with Credence Funding Corporation on a number of occasions and they are truly professional. They take the time to ensure that his clients understand the entire process of closing on a mortgage and is always willing to explain things until the client is comfortable. Patient, kind and understanding - Credence is exactly the type of company you want working on your behalf. I would never work with anyone else!
Dwayne P
I must say I made the right choice of choosing your company to assist me refinance my house. Apart from helping me to get an unbelievable good rate, your customer service was superb. I was so surprised that my satisfaction was your number one goal. I did not hesitate when it came to introducing your company, Credence Funding Corporation to my Military friends and families. I’m looking forward to doing business with you guys again .Thank you guys for being there for me.
This was the easiest process ever in refinance. Everything was explained clearly. Our representative was very helpful and stayed on top of everything. He made sure and called us regularly with any and all updates. Thank you Credence Funding for making this easy and painless.
Edward T
About us
At Credence, we treat each customer as an individual, not a number. We don’t place you into a loan profile formula created by the banking industry. We use “common sense” and will help you obtain the best loan possible. We represent a wide range of “A” rated lenders with first quality rates to private “hardship” lenders.
We work with more than 100 investors. This allows us to get you the most competitive rates on all types of loan programs including: 30yr mortgage, 20yr mortgage, 15yr mortgage, 10yr mortgage, 1yr ARMS, 3yr ARMS, 5yr ARMS, Conventional, Jumbo, Home Equity Lines, VA and Commercial. Whether your situation calls for Full Documents, No Documents, Non-Owner Occupied (Investor) or Multi-Family, we’ll fit your needs!
Equal Housing Opportunity