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What is the FHA streamline refinance loan?

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December 10 2009 - San Diego
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Profile picture for shapiroamg
If you currently are in a FHA loan, you can refinance under a streamline process: No appraisal is needed and only verbal employment verification. 

These refinances can be completed reletively quick due to the streamline process.

You should have an on time mortgage payment history.
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December 10 2009
Profile picture for Colorado Lender
It allows you to refinance your existing FHA loan into a new one a lower rate without the need for income documentation or an appraisal.

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