Palo Alto Home Mortgage

Palo Alto Home Mortgage
	The basic requirements of a streamline refinance mortgage are: ¥ The mortgage to be refinanced must already be FHA insured. ¥ The mortgage to be refinanced must be current (not delinquent). ¥ The refinance results in a lowering of the borrower's monthly principal and interest payments. No cash may be taken out on mortgages refinanced using the streamline refinance process.

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