There is a lot of talk of the housing industry making a strong comeback in 2010.
This is great news for potential homeowners, and current homeowners as well.
Another industry that will benefit from this is homeowners who are considering a refinance.
But what refinance is the best? For the busy homeowner, nothing can beat a Streamline Refinance.
A Streamline Refinance is called streamline because it is the quickest hassle free way to refinance your home.
Because it uses existing paper work from your original loan, there is no additional paper work to fill out, and little to no additional costs.
You simply fill out your application, chose a lender and you are on your way.
But what about the qualifications? To Qualify for this home loan, it is easy.
The only real qualification is that you are current on your Mortgage payments, and you have no late payments with in the last year.
There are many benefits to a Streamline Refinance, one is you are able to lock down one of the lowest interest rates available, and over time it can save you thousands on your mortgage.
Home owners who have received a FHA original home loan will find no problem receiving this type of refinance.
Another great option is through the VA which has provided a quick, easy process for our heroes in the military to receive this loan.
A streamline refinance is a smart, savvy way to save money, and finally get that extra cash flow that you need in these times.