Kentucky USDA Rural Housing Mortgage Lender

USDA offers three specific refinance products to afford existing guaranteed and direct borrowers the opportunity to benefit from a lower interest rate and increase their ability to maintain successful homeownership.  Options available:   Non-Streamlined   Streamlined   Streamlined-Assist The last option is available to existing Rural Development Direct and Guaranteed Loan borrowers.  The SFHGLP offers three specific refinance products to afford existing guaranteed and direct borrowers the opportunity to benefit from a lower interest rate and increase their ability to maintain successful homeownership . • A refinance loan is not an option for non-performing loans. In these cases, loss mitigation options should be explored.  • We will discuss the differences between the Non-Streamlined, Streamlined, and Streamlined-Assist options in the next slides. The most popular and most streamlined refinance option is the streamlined-assist option.  • As you can ...