This will take some pressure off of you immediately and give each lender the incentive to come up with the best rate and the best mortgage package.


Pay points for your reduced interest rates and make sure they are written on your income tax.
If you have bad credit, it is even more important that you take advantage of mortgage rates.

The money you save can be used to pay off credit cards or build a cash reserve.

You can get more information about the FHA Streamline Refinance Mortgage by clicking the link at the bottom of this article.