This is the go-to program for homeowners who currently have an FHA mortgage. With an FHA Streamline you can refinance your existing FHA mortgage and decrease monthly payments without the income and appraisal documentation that are required in standard refinance programs.
- Financing up to 96.5%
- DTI up to 56.99%
- No appraisal is needed to apply for streamline refinance FHA program
- Up to 6% of closing costs can be contributed by the seller
- Loan amount up to $765,600 depending on home location
- Primary residence, second/vacation home and investment property options
- Condo financing available
- Full Documentation
- Primary residence & Second home
- 80% LTV
- 720 FICO (80% LTV)
- Cash out allowed up to 65 LTV
- Traditional Income Docs
- Loan amount up to $2mm
- 80% LTV
- 680 FICO (80% LTV)