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With interest rates being as low as
they are, Rocky Mountain Mortgage Company is happy to announce
that we participate in the Streamline Refinance Program.
Streamlining a home loan simply means the loan will stay
in the same program it originated. Here are some details:
| Options |
Description |
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FHA
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under certain
circumstances, streamlining a FHA home loan requires
no qualifying. This can include, but not limited to,
a payment increase no more than $50.00 and there will
be no change in the position the title is held. |
| VA |
under certain circumstances,
streamlining a VA home loan requires no qualifying.
This can include, but not limited to, a payment increase
no more than 20% of the current principle and interest
payment and there will be no change in the position
the title is held. |
| Conventional
|
under certain
circumstance, streamlining a conventional loan requires
no qualifying if RMMC is the original lender which qualified
the note and there will be no change in the position
the title is held. |
If any of these issues
cannot be met, qualifying for the refinance would apply.
For more information please contact Mark Marquez at our
eastside office (915) 593-3111 ext 281
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Equal Housing Lender. Licensed to do business in Texas. © 2004
Rocky Mountain Mortgage Company