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Module 6: Programs and Products - Refinance
www.hud.govMay 02, 2016 · Rate and Term Simple Refinance Streamline Refinance All proceeds are used to pay existing Mortgage liens on the subject property and costs associated with the transaction. FHA-insured Mortgage in which all proceeds are used to pay the existing FHA-insured Mortgage lien on the subject property and costs associated with the transaction.