Military members who are not eligible for VA home loan benefits will often use FHA loans similar to VA loans for their low-money-down and government-backed features. Current FHA borrowers may be entitled to newly reduced FHA Streamline refinancing which can help cut the costs to refinance while taking advantage of today's low interest rates. Read the full article on Military.com.
New FHA Streamline Refinance Program
Week of June 18, 2012