Florida FHA streamline refinance

Are you interested in a Florida FHA streamline refinance?


Effective on or after April 18, 2011, FHA no longer requires employment and income verification on streamline refinance loans.

  • No minimum credit score to qualify
  • No employment verification
  • No credit report required
  • No appraisal required

FHA changed it's streamline requirements and in order to qualify for a streamline FHA requires you to complete a mortgage application to begin the process. If you currently have an FHA mortgage and want to refinance FHA allows you to refinance:

  • No mortgage late payments last 12 months
  • Collection accounts do not have to be paid off
  • No minimum credit score to qualify
  • No employment verification
  • No credit report required
  • No income verification
  • No appraisal required
  • No asset verification
  • No cost qualify

Florida FHA streamline refinance


A borrower is eligible for a streamline refinance without credit qualifying if they has owned the property for at least six months. Individuals may be deleted from the title on a streamline refinance if the remaining owner-occupant can demonstrate that he/she has made the mortgage payments during this time.

To qualify for a streamline refinance there must be a net tangible benefit to the homeowner. Net tangible benefit is defined as a 5% reduction to the principal and interest (P&I) of the mortgage payment plus the annual mortgage insurance premium (MIP) or refinancing from an Adjustable Rate Mortgage (ARM) to a fixed rate mortgage.

  • the borrower must have made at least six payments on the FHA-insured
  • mortgage being refinanced at least six full months must have passed since the first payment due date of the refinanced mortgage
  • at least 210 days must have passed from the closing date of the mortgage being refinanced

FHA refinances are designed to lower the monthly principal and interest payments on a current FHA-insured mortgage. The new loan must involve no cash back to the borrower, except for minor adjustments at closing, not to exceed $500.

New Florida FHA streamline refinance guidelines

Effective with case numbers assigned on or after April 18, 2011, FHA no longer requires lenders to certify employment and income on streamline refinance transactions.

No-cost refinances, in which the lender charges a premium interest rate to defray the borrower’s closing costs and/or prepaid items, are permitted.


Florida FHA streamline refinance

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Call us 888.958.5382


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www.MORTGAGE-WORLD.com LLC is an online mortgage company specializing in FHA loans for first time home buyers.


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Florida FHA Streamline Refinance Requirements


Apply Now!

Call 888.958.5382

E-mail Us!


FHA Streamline Refinance

To qualify for a streamline refinance your current mortgage must be a FHA mortgage

No Minimum Credit Score Required

There are no minimum credit scores required to qualify for a streamline refinance

No credit score required

No Appraisal Required

There is no appraisal required to qualify for a streamline refinance

No appraisal required

No employment verification

You don't even have to have a job they don't verify it

No employment required

No credit report required

You must have 12 months on time mortgage payments


Call Now, Our Staff is Available!

888.958.5382

Apply Now