FHA Streamline

FHA Streamline Loans for fast closings

FHA Streamline loans can help homeowners lower monthly mortgage payments and interest rates without the need for an appraisal!

In order to qualify for an FHA Streamline loan:

  • The current mortgage to be refinanced must already be FHA insured.
  • The mortgage to be refinanced should be current (not delinquent).
  • The refinance results in a lowering of the borrower’s monthly principal and interest payments, or, under certain circumstances, the conversion of an adjustable rate mortgage (ARM) to a fixed-rate mortgage.
  • No cash may be taken out on mortgages refinanced using the streamline refinance process.