Streamline
Refinance and Debt Consolidation
FHA Streamline and the VA IRRL keep the paperwork light when you're refinancing to better terms, and the same desk handles adjustable rate mortgages, debt consolidation, and renovation financing through the FHA 203k.
The largest investment most people make, worth revisiting
For most people, a home is the largest investment they'll ever make, and refinancing it is simply a chance to improve the terms you agreed to the first time around. Iowa Mortgage Solutions handles refinancing on both sides of that: the two streamline programs for anyone who already holds a government backed loan, and the broader work, debt consolidation, adjustable rate mortgages, and renovation financing, for everyone else.
Two streamlines, and everything in between
If you already have an FHA loan, the FHA Streamline refinance is built to move you to a lower rate with minimal cost and minimal documentation. If you already have a VA loan, the VA IRRL does the same job for veterans. Outside of those two, this desk also places adjustable rate mortgages, debt consolidation refinances, and the FHA 203k, which finances renovation costs into the loan using the home's after improved value rather than what it's worth as is, or what the repairs alone would cost.
Iowa Mortgage Solutions has been refinancing Iowa mortgages since 2005. Call (319) 377-1988.
Two programs built to move fast
Minimal paperwork, if you already qualify.
2
streamline refinance programs
FHA Streamline and the VA IRRL, both built to move you to a lower rate with minimal cost and minimal paperwork, if you already hold that loan type.
203k
renovation refinance
Rehab costs get financed into the loan against the home's after improved value, not what it's worth as is and not the repair cost by itself.
Same desk
for everything else
Debt consolidation and adjustable rate refinancing move through the same office as the two streamline programs, reviewed together rather than one at a time.
Why refinance at all
It's the same house. The terms are what change.
For most people, a home is the largest investment they'll ever make, and refinancing doesn't change that fact. It just gives you a chance to improve the terms you agreed to the first time around. That might mean a lower rate on an existing FHA or VA loan through one of the streamline programs. It might mean folding higher interest debt into the mortgage through a debt consolidation refinance instead of carrying it separately. Or it might mean an adjustable rate mortgage, if that structure fits your plans for the house better than a fixed one does.
None of that requires guessing which program applies to you before you call. Tell us what loan you have now and what you're trying to solve, whether that's a lower payment, less debt spread across different accounts, or money for renovations, and we'll tell you which of these actually fits.
Call (319) 377-1988 and tell us what loan you have now. If a streamline refinance applies, it's usually the fastest program on this list. If it doesn't, we'll walk through what does through the contact page.