FHA Streamline

Streamline refinance refers to the refinance of an existing FHA-insured mortgage requiring limited borrower credit documentation and underwriting. Streamline refinances are available under credit qualifying and non-credit qualifying options.
Advantages of a FHA Streamline
  • No income required
  • No appraisal required
  • Credit scores as low as 580
  • Lowering your monthly payment
  • Reducing your interest rate
  • Securing a fixed-rate mortgage that won’t change over time
  • Building equity faster—shorter term options may be available
  • Lower closing costs because an appraisal is not usually required