Other origins for the name Allen include-English, Irish, Celtic.The name Allen is most often used as a boy name or male name. English Name Meaning-Variant of Alan: Fair; handsome. Also both a diminutive of Albert (noble, bright) and an abbreviation of names beginning with Al-.
Streamline refinancing is an option for borrowers who want to take advantage of low interest rates, get out of an adjustable rate mortgage (ARM) or graduated payment mortgage (GPM). Both the FHA and VA offer streamline refinancing for home mortgages.
Option 1. Lower your monthly payments. If all you want to do is take advantage of lower interest rates, the streamline loan (or interest rate reduction refinance loan) is for you. Itâs available to veterans who want to refinance an existing VA home loan with a history of on-time payments.One mortgage payment that was less than 30 days late in the last 12 months is OK, as long as youâre current now.A streamline loan can be easy because the VA does not require you to obtain a new certificate of eligibility, document your income, have your house inspected or appraised, or even undergo a credit check.ption 1. Lower your monthly payments. If all you want to do is take advantage of lower interest rates, the streamline loan (or interest rate reduction refinance loan) is for you. Itâs available to veterans who want to refinance an existing VA home loan with a history of on-time payments.