Streamline Refinance in Georgia



Whatever the reason may be for refinancing- an improved credit score, reduced mortgage payments, or the need for some extra cash in hand, the process usually involves lots of paperwork making it unattractive to many homeowners.

Borrowers have to go through the same steps they go through for a mortgage loan which means a refinance mortgage pre-approval, its application, processing, underwriting, loan approval and then the closing process.

However, there is another option. By opting for a streamline refinance in Georgia you can exponentially quicken the process. You’ll be able to fast-track the loan so that you save both saves time and money.

The issue here is knowing where to start, which option to apply for, and if you’re eligible.  There are various streamline refinancing options to choose from like FHA, VA, HARP and USDA, each with its individual terms and conditions. While most of them don’t require a credit check, or asset and earnings verification, they are applicable only to borrowers who have the existing respective loans. In other words, those with a VA mortgage can opt for VA streamline refinancing.

It is important to remember that each type of option has its individual terms and conditions to abide by. Some may not require an appraisal of the property to be financed as they use the information found in the original mortgage application to quicken the loan process. Other programs may not incur any process related costs, leading to a cheaper loan.

Here at Moreira Team, we have years of experience and can quickly assess your situation and find out what options are available for you. Simply contact us today and you could be saving money before you know it.



Georgia County Mortgage Service Areas