Tucson’s #1 FHA Mortgage Loan Source

You can refinance your Arizona FHA Mortgage Loan without an appraisal and without any credit or income re-qualifying what so ever.  The AZ FHA Streamline Refinance takes the hassle out of getting a permanent interest rate reduction on your Arizona FHA Mortgage Loan.

In the 1980’s HUD created a loan program designed to “streamline” the refinance process for homeowners with existing FHA Mortgage Loans.  The result is the FHA Streamline Refinance.

The four basic requirements of the Arizona FHA Streamline Refinance:

1. Your current mortgage must be an FHA Mortgage Loan
2. Your current FHA Mortgage Loan SHOULD be current
3. The FHA Streamline Refinance MUST result in a lower payment
4. Cash Out Refinances are not permitted under the AZ FHA Streamline Refinance

So, if your current interest rate is over 6% or so; you should consider looking at an Arizona FHA Streamline Refinance to get into today’s low rates.

Download the application-pack-for-fha-streamline and watch the video “FHA Streamline Application Instructions - How to Refinance Without an Appraisal.”

The FHA Mortgage Loan Limits have changed for 2009.  In most cases the maximum FHA Mortgage Loan amount reverted back to 2008 levels.  If you are counting on a low down payment FHA Mortgage Loan, be sure and check the chart to have the confidence that your loan amount is within the Arizona FHA Mortgage Loan Limits for 2009.

Arizona FHA Mortgage Loan Limits for 2009:

APACHE COUNTY - St Johns | Eager | Springerville | and all surrounding areas
One Family Home - $281,250
Two Family Home - $360,050
Three Family Home - $435,200
Four Family Home - $540,850

COCHISE COUNTY - Benson | Bisbee | Douglas | Sierra Vista | Tombstone | Willcox | Huachuca City | and all surrounding areas
One Family Home - $271,050
Two Family Home - $347,000
Three Family Home - $419,425
Four Family Home - $521,250

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Are Lower Rates On The Horizon?  The FHA Streamline Refinance Rate Reduction is available to homeowner who currently have an existing FHA Mortgage Loan.

Government has been under enormous pressure to stabilize home prices and prevent foreclosures.  As a result the Feds have been injecting tons of liquidity into the Mortgage Backed Securities markets and DRIVING RATES DOWN.   This is the opportunity to take advantage of the FHA Streamline Refinance Rate Reduction mortgage loan.

** IMPORTANT ** Homeowners with existing FHA financing have a unique opportunity RIGHT NOW to ensure that they always have the lowest rates available .   Watch this 3 minute video and find out exactly what it does and does not take to have a Lifetime Great Rate with FHA Streamline Refinance Rate Reduction.

There are only 3 easy rules to putting this program to work. Watch this video to learn about the 3 rules and what it takes to get a Great FHA Mortgage Rate for life!

An AUTOMATED Rate Alert Notification can be set by  clicking on RATE ALERT.  Just set the rate that saves you cash and you’ll automatically be notified when it hits.  Never miss the Great Rate Boat again!

If you know someone with an existing FHA mortgage loan, this is information you’ll want to forward to them.

Apply Now for an FHA Streamline Refinance Rate Reduction loan.

Don’t miss out on the next chance to lower your FHA Mortgage Interest Rate. Set your TARGET INTEREST RATE in the form below and a member of our team will contact you as soon as your target rate is available.

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Please note, Rate Watch is only available for properties in Arizona.

You can use an FHA Refinance Mortgage Loan to pay off an existing Land Contract or Contract for Deed in Tucson or anywhere in Arizona. The FHA Refinance Mortgage Loan allows a homeowner who does not have a vested interest in the title to the property but who does have valid Land Contract, Contract for Deed, or other similar instrument, to pay it off with an FHA Refinance Mortgage Loan.

It can be done in one of two ways:

• An FHA Refinance Mortgage Loan
• An FHA Purchase Mortgage Loan

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Is your Arizona FHA Mortgage Loan stressing you out because you owe more than your house is worth?

If you have an Arizona FHA Mortgage Loan and you’ve been trying to get an FHA Refinance with today’s HOT Mortgage Rates, but couldn’t because you’re upside down on your house; I have great news for you.

The FHA Refinance Lifetime Mortgage Rate Rolldown program allows you to get a new Arizona FHA Mortgage Loan without obtaining an appraisal.

Who can the FHA Refinance Lifetime Mortgage Rate Rolldown program be good for:

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Down Payment Assistance has been a big part of FHA Mortgage Loans for the last 10+ years for First Time Home Buyers. In October 2008 Congress eliminated the Down Payment Assistance Program eligibility for FHA Home Buyers.

Good News for First Time Home Buyers!

Rep. Al Green of AL will be introducing HR-600 on 1-21-09 to save and reform Down Payment Assistance for FHA Mortgage Loan eligibility.

Without using any government funds, Down Payment Assistance has helped more than 1,000,000 families buy a home with an FHA Mortgage Loan. These fundings have had a net impact of $24 Billion in spending and economic growth.

Down Payment Assistance needs your help. Go to supporthomeownership.org and tell your Congressman to support HR-600.

Have you read the 5 secrets to getting an FHA mortgage loan for home ownership published by HUD? There’s a secret out there about FHA mortgage loans that HUD wants you to know about. It’s so secret, that they published
an informational brochure but didn’t tell anyone about it.

The Secret Is OUT!

That’s right, HUD’s little secret about FHA mortgage loans is
out. And I’m proud to say that I bring the 5 Secrets to you now… so
buckle up, hold on to your seat… wake the neighbors and call the kids…

HUD’s 5 Secrets To HomeEconomics

Secret #1 - Organize

Set money goals and develop a plan to meet them. Decide what is
important to spend money on, and then save the rest for a down payment
(3.5% now). Basically, set a goal to save a certain amount of money
each month and then stick to it.

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Tucson Loans and Tucson Mortgages are available for home buyers who have found the perfect Tucson Real Estate but, the home needs some work. Have you ever thought “I love this house, but….”?

The good news is that there is are little known Tucson Mortgages and Tucson Loans available from HUD that are not well publicized and can help you buy that slightly unsightly house. And turn it into your dream home. Best of all with just ONE Tucson Mortgage Loan. It’s the FHA 203K Streamline.

Typically, if you were to find a home in Tucson or anywhere in Arizona in need of repair, you would go out and buy the house and then get a home equity line to facilitate the needed repairs. The current market is crowded with foreclosures, bank owned property and short sales. Much of this type of Real Estate has been abused and in need of repairs.
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WHAT IS AN FHA SHORT REFINANCE?

An FHA Short Refinance is when a home owner refinances a loan where they owe
more on their mortgage than their current mortgage is worth. FHA Short Refinance applicants are upside
down on their equity, and so they need an FHA Short Refinance. The only way to
refinance the home for any reason, is if the current lender takes a “short
pay” on the amount owed and writes it off as a loss, thus the FHA Short Refinance. It is basically the same as a short sale with
the exception that the home owner keeps their home.

HOW DO YOU GET PAID ON AN FHA SHORT REFINANCE?

It is important for you to
know that as a HUD approved FHA lender we cannot charge anything for the
negotiation of the FHA Short Refinance payoff with your current lender. We do not charge anything “up front” for the FHA Short Refinance negotiations, and only
get paid if your new loan closes.

WHAT IF THE FHA SHORT REFINANCE DOESN’T WORK?

An FHA Short Refinance is the
goal for our work, but it does not work in every situation. In the case where an FHA Short Refinance does not
work, you still may be able to negotiate a loan modification with your current
lender to improve the terms on your existing mortgage. You may also elect to put your home up for a
“short sale” and if you do we can provide you with an excellent Realtor
referral in your area who specializes in this type of transaction. If you elect a short sale, it is important to
work with a Realtor experienced in the short sale process.

HOW LONG DOES THE FHA SHORT REFINANCE TAKE?

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