Florida FHA Streamline

Florida FHA Streamline

New FHA guidelines changes requires that the new mortgage balance remain the same. Only your interest rate, monthly payments or term changes. What you owe will remain the same.

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

FHA does not require an appraisal on a FHA streamline refinance. FHA does not require a credit report on a FHA streamline refinance. FHA does not require a minimum credit score on a FHA streamline refinance. Effective on or after April 18, 2011, FHA no longer requires employment and income verification on the FHA streamline refinance program.

A borrower is eligible for a FHA streamline refinance without credit qualifying if they have made their last 12 months mortgage payment on time and your current mortgage is an FHA loan.

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 FHA streamline 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
  • 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

Florida FHA streamline 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.

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FHA Streamline

Please note that all fields followed by an asterisk must be filled in.
Property State*
Property Type*
ZIP code of property*
Use of property *
Is your current mortgage an FHA *
Are you requesting a loan with a spouse or co-borrower*
If yes, co borrower first name
Your middle initial
Co borrower Last name
Please choose a suffix
Co borrower Address
Co borrower social security number
Co borrower date of birth
What interest rate do you have now*
Fixed rate or Adjustable
Current loan balance - How much do you owe now*
Have you had a mortgage late payment in the last 12 months
Your first name*
Your middle initial
Your last name*
Please choose a suffix
Daytime/Work Phone*
Evening Phone*
Cell Phone*
What is your email address*
Property address*
City*
State*
ZIP code*
How long have you lived at this address*
Date of birth*
Marital status*
Citizenship status*
Social Security #*
What is your monthly housing payment*
Annual Premium Homeowners Insurance*
How much are your property taxes a year*

We look forward to working with you.

We recognize the importance to you of keeping your information secure and confidential. We will not sell or share your personal information.

Call us 888.958.4228

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Florida

FHA Streamline Refinance Requirements

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

No cost to qualify

Apply Now

Call Us 888-958-4228