fha streamline refinance no credit check

The FHA streamline refinance allows you to refinance your mortgage without an appraisal, no credit score, and no income documentation. In some cases, it allows you to lower your mortgage insurance – on January 26, 2015 they lowered the mortgage insurance premium (MIP).

FHA Streamline Refinance With No Income Check requires no credit scores, and no appraisal needed except for timely mortgage payments for past 12 months. Gustan Cho Associates Mortgage Group are direct lenders with no mortgage overlays on government and conventional loans. All or our pre-approvals are loan commitments

list of mortage rates VA 5/1 Adjustable-Rate Mortgage Loan. APR calculation for an adjustable rate VA purchase assumes a 740 credit score, a single-family, owner-occupied primary residence located in Georgia, a 0% down payment, a loan amount of $229,084, a 45-day lock period and financed funding fee.

You can't refinance with a reputable company without a credit check.. The fha permits streamline refinancing loans with no credit check with the borrower has.

A: The good news is that you should be eligible for an FHA streamline refinance. HUD requires no credit check and no appraisal is required on the property being refinanced, and depending on how old your loan is, the lender may not even require income or employment verification.

FHA loans feature a refinancing option known as Streamline Refinancing, which features no credit check, no cash back to the borrower, and reduced paperwork due to the borrower’s status as an FHA borrower in good standing. An FHA Streamline Refinancing loan has several requirements including a rule which states the new loan must result in lower payments, lower interest rates, or both.

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Check today’s low FHA streamline refinance rates. The FHA streamline refinance is a great way for current fha homeowners to lower their interest rate and monthly payment. And, with lenient credit standards and documentation requirements it can be the fastest and most cost effective options to refinance an FHA loan.

The FHA Streamline Refinance program does not require a home appraisal.. a credit check, the guidelines for qualifying for an FHA Refinance can be more. No minimum credit score; No minimum loan amount; Minimal or no out-of-pocket .

FHA Streamline Mortgage Refinance Rates, Lenders and Guidelines. No Credit Check Mortgage Refinance Options. June 26, 2018 By JMcHood. If your credit score dropped since you took out your mortgage, you probably think you don’t have any options for refinancing. Luckily, there are a couple of no.