FHA Streamline QualificationsI tried to get approved for an FHA streamline loan, the only drawback is that they require my monthly payment be reduced by 5% than it is currently, is there a way around that? Not so much concerned about reduction in payment as I am trying to secure a 30 year fixed FHA loan. Original FHA loan was closed 9/2009, mortgage was 416k, it is currently 396k, my monthly mortgage is $2075, mortgage with taxes and insurance and PMI is $2758, currently on the third year of a 5 year ARM @ 4.375%...ThanksJune 14 2012 - Los Angeles00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.