FHA Mortgage Streamline Refinance Louisville Kentucky


Did you know you can refinance your Kentucky FHA mortgage with no appraisal? It’s called a FHA Streamline Refinance. It requires little qualification and it has no appraisal requirements. The benefits are obvious, a homeowner with a Kentucky FHA loan can refinance to a lower rate even if the property value has decreased.

An added benefit of the FHA Streamline Refinance is the cost, many cost such as title fees, doc prep fees, appraisal fees etc. are reduced or eliminated. Since the loan amount can not be adjusted to include fees, it is important to minimize cost, thus reducing your cash-out of pocket.

Another option for reducing cost is to raise the interest rate. Many lenders call this a “No Cost Refinance.” While the title is somewhat misleading as there is a cost in a higher interest rate, it is an effective tool for eliminating cash-to-close.

The Kentucky Mortgage FHA streamline refinance is a government backed mortgage that can help homeowners reduce their monthly payment by reducing their mortgage rate. A FHA streamline refinance mortgage in Kentucky  can be one of the simplest and most cost-effective ways to refinance your mortgage. Unlike some modification loans, the streamline refinance does not have any negative consequence on your credit rating.

Items needed:

  • Present mortgage must be a Kentucky FHA mortgage.
  • Written application, complete with present mortgage info.
  • Mortgage credit rating – must be current on the existing loan with no late payments in the last twelve months.
  • You must have owned your current home for at least six months.
  • No appraisal is required, unless you want to include your closing cost in the loan.

Joel Lobb
Senior Mortgage Loan Officer

Key Financial Mortgage
107 S. Hurtsbourne Parkway
Louisville Ky 40222

ph# 502-905-3708
fax# 502-895-2266





CALL 502-905-3708 FOR YOUR SAME DAY APPROVAL…Free Credit Report included


Author: Louisville Kentucky Mortgage

I have helped over 589 Kentucky families buy or refinance their home over the last 18 years. Realizing that this is one of the biggest, most important financial transactions a family makes during their lifetime, I always feel honored and respected when I am chosen to originate their personal home loan. You can count on me to deliver on what I say, and I will always give you honest, up-front personal attention you deserve during the loan process. I have several advantages over the large banks in town. First, I can search and negotiate for your loan options through several different mortgage companies across the country to get you the best deal locally. Where most banks will offer offer you their one set of loan products. I have access to over 10 different mortgage companies to broker your loan through to get you the best pricing and loan products that may not fit into the bank's program due to credit, income, or other underwriting issues. You will not get lost in the shuffle like most borrowers do at the mega banks; you're just not a number at our company, you are a person and we will treat you like one throughout the entire process. Give us a try or let us compare your options on your next mortgage transaction. Call me locally at 502-905-3708. Free Mortgage Pre-Qualifications same day on most applications. Email me at kentuckyloan@gmail.com with your questions I specialize in Kentucky FHA, VA ,USDA, KHC, Conventional and Jumbo mortgage loans. I am based out of Louisville Kentucky. For the first time buyer with little money down, we offer Kentucky Housing or KHC loans with down payment assistance. This website is not an government agency, and does not officially represent the HUD, VA, USDA or FHA or any other government agency. NMLS# 57916 http://www.nmlsconsumeraccess.org/ Joel Lobb Senior Loan Officer (NMLS#57916) American Mortgage Solutions, Inc. 800 Stone Creek Pkwy, Ste 7, Louisville, KY 40223 phone: (502) 905-3708 Fax: (502) 327-9119 kentuckyloan@gmail.com Company ID #1364 | MB73346 http://mylouisvillekentuckymortgage.com Equal Housing Lender

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