FHA Mortgage Streamline Refinance Louisville Kentucky


Did you know you can refinance your Kentucky FHA mortgage with no appraisal? It’s called a FHA Streamline Refinance. It requires little qualification and it has no appraisal requirements. The benefits are obvious, a homeowner with a Kentucky FHA loan can refinance to a lower rate even if the property value has decreased.

An added benefit of the FHA Streamline Refinance is the cost, many cost such as title fees, doc prep fees, appraisal fees etc. are reduced or eliminated. Since the loan amount can not be adjusted to include fees, it is important to minimize cost, thus reducing your cash-out of pocket.

Another option for reducing cost is to raise the interest rate. Many lenders call this a “No Cost Refinance.” While the title is somewhat misleading as there is a cost in a higher interest rate, it is an effective tool for eliminating cash-to-close.

The Kentucky Mortgage FHA streamline refinance is a government backed mortgage that can help homeowners reduce their monthly payment by reducing their mortgage rate. A FHA streamline refinance mortgage in Kentucky  can be one of the simplest and most cost-effective ways to refinance your mortgage. Unlike some modification loans, the streamline refinance does not have any negative consequence on your credit rating.

Items needed:

  • Present mortgage must be a Kentucky FHA mortgage.
  • Written application, complete with present mortgage info.
  • Mortgage credit rating – must be current on the existing loan with no late payments in the last twelve months.
  • You must have owned your current home for at least six months.
  • No appraisal is required, unless you want to include your closing cost in the loan.

Joel Lobb
Senior Mortgage Loan Officer

Key Financial Mortgage
107 S. Hurtsbourne Parkway
Louisville Ky 40222

ph# 502-905-3708
fax# 502-895-2266




CALL 502-905-3708 FOR YOUR SAME DAY APPROVAL…Free Credit Report included


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