If you currently have an FHA insured mortgage, you should find out if an FHA streamline refinance will benefit you.

 

In the past, FHA streamlines did not require an appraisal, credit score, income documentation or cash out of pocket. While it is possible to obtain an FHA streamline without and appraisal or income documentation, FHA streamlines now require a minimum credit score of 620 or greater and you will likely need to bring at least the equivalent of 1 mortgage payment to closing.

 

FHA streamlines can still be a great deal for you. It is imperative that you work with a lender that will explain the ins and outs of the process to you. Please contact me today for a free mortgage analysis. I will provide you with the information you need to decide if an FHA streamline refinance is right for you.