ALM News

No Cost FHA Streamline Program

Due to the unique interest rate environment we are experiencing…FHA mortgage rates are at all time historic lows.  Through the FHA Streamline program borrowers are allowed to lower their  interest rate resulting in lower monthly mortgage payments without INCREASING YOUR CURRENT LOAN BALANCE.  These are unprecedented times we are experiencing and American Liberty Mortgage, Inc wants to help you save money by paying your closing costs and  helping you take advantage of the FHA streamline program.  This program is strictly available to those with a Colorado FHA home loan as well as Utah FHA home loans and Iowa home loans.  The following FHA streamline guidelines do apply.

  • No Appraisal Needed
  • No Income Verification
  • No 30 day late mortgage payment in the last six months
  • Skip your May and June mortgage payment

Skip your mortgage payment by taking advantage of this No Cost FHA streamline program.  This streamline program keeps you in a 30 or 15 year fixed FHA mortgage but allows us to drop the interest to today’s current interest rates.

Please contact us to find out more about this unbelievable program before rates move higher.  We look forward to your contact and appreciate the opportunity to earn your business.

The VA Interest Rate Reduction Refinance Loan (IRRRL)

This program lowers your interest rate by refinancing your existing VA home loan. By obtaining a lower interest rate, your monthly mortgage payment should decrease. You can also refinance an adjustable rate mortgage (ARM) into a fixed rate mortgage.

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