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How do I become eligible for a FHA Streamline loan?

We are clearly underwater with our mortgage. How do I go about getting a home modification loan under the President's Exec. order to modify mortgages that have become so much under the stated value of the property. Please do not contact me if you do not have an answer of some value.
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December 14 2012 - Rio Communities
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Answers (3)

You can meet lenders by requesting a quote in the Zillow Mortgage Marketplace or you can search the Find a Pro directory for lenders in your area. The streamline is widely available and quite popular, it should be easily accessible if you take the initiative to locate a lender/broker licensed in your area.
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December 15 2012
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Justin of Courtesy Mortgage;
We have an FHA loan, payments have been made the 1st of each month since inception except for the current Dec payment which was made within the proper time period.Were do I go from here?
Thanks for your reply.

Helen K.
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December 15 2012
You must have an existing FHA loan to be eligible for a streamline. If you are paying timely on your existing FHA loan and have made at least six payments since inception you would be eligible.
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December 15 2012
 
Related Questions
How do I become eligible for a FHA Streamline loan?
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Latest answer by Justin Sheftell
December 15 2012 | 3 answers
  • Asked by user3313107
  • In Refinance
  • December 14 2012
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