Category: Non Qualified Mortgage

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ContentsStreamline refinance refersLooser credit scoring requirementsFha 203k loanFha refinance loansThe FHA Streamline Refinance Program Explained | LendingTree - Overview of the FHA Streamline Refinance Program Before you decide on this option, it's important to understand how this refinancing option works. First off, an FHA streamline refinance refers to the refinance of an existing FHA-insured mortgage with the added benefit of limited underwriting and looser credit requirements.Loan Officer Perspective on FHA's Mortgage Insurance Change - In the past, FHA clients could easily reduce their payments when rates dropped with a streamline refinance. There was a new upfront mortgage insurance cost, but the savings typically justified paying.Take advantage of FHA streamline refinance - I purchased and closed on a home May 2009. The house is now 30 percent underwater. We bought it…