FHA Streamline Refinance rules and calculations - as you know them - have changed as of November 17, 2009. The new guideline is a "churn stopper".

This online seminar will help you get up to speed and avoid costly mistakes - especially the ones that will impact your commission check. It's the perfect screening tool and loan calculation resource. No memorizing guidelines...just grab it and go!

The handy dandy FHA STREAMLINE REFINANCE WORKSHEET, created exclusively for you to download and use in your everyday business, is a one-page wonder! It will help you interview your borrowers to make sure you can even do the loan in the first place!

Here's what you will learn:

• Step-by-Step guide on how to figure new loan amounts.
• How to solve "case query" problems.
• New loan "seasoning" requirements.
• Questions you need to ask your borrower before they apply.
• The "Net Tangible Benefit" Rules - Explained.
• Explanation of Different Streamline Refi Scenarios (Fixed to Fixed; Fixed to ARM; ARM to Fixed; Condos, Second Homes & Investment Properties)

Free Downloads:

• FHA Streamline Refinance Worksheet
• FHA Mortgagee Letter 2009-32: Revised Streamline Refinance Transaction