Already have FHA? Drop your rate the easy way.
Less paperwork. No appraisal in most cases. The whole point of a streamline is speed.
Overview
The FHA Streamline Refinance is the fastest way to lower your rate if you already have an FHA loan. No appraisal required in most cases. No income verification for the non-credit-qualifying option. Your payment history is the primary qualifier.
The program exists because FHA wants borrowers in performing loans at sustainable rates. If rates have dropped since you closed, a streamline puts you in a better position with minimal friction.
I verify the numbers actually improve your situation before we start. Not every streamline saves real money once you account for closing costs and the new mortgage insurance structure. If it doesn't pencil, I tell you to wait.
Key Details
How I Handle This
I pull your current FHA details and calculate whether a streamline genuinely improves your position. If the savings are marginal after closing costs and new mortgage insurance, I tell you to wait and check back when rates move further.
If the math works, I price it and move fast. Streamlines close quickly.
Questions I Get
Do I need an appraisal?
Not in most cases. That's the main advantage.
Do I verify income?
Not for the non-credit-qualifying path. Payment history on the current FHA loan is what matters.
Will my mortgage insurance drop?
It can. Older FHA loans paying a higher annual rate will see it drop to the current rate.
How soon can I do this?
After six payments on your current loan and six months from your first payment date.
Have an FHA loan? Let's check the savings.
Send me your current rate and approximate balance. Straight answer in 24 hours.