Qualify for a Faster, Simpler Refinance
Are you curious whether you qualify for an FHA Streamline Refinance? At Reliant Home Funding, we make it easy to find out. Our experienced loan officers will guide you through the requirements and help you understand other available refinance options.
Eligibility Requirements for FHA Streamline Refinances
- Must Have an FHA Loan
To qualify, you need to have an existing FHA loan. - Perfect Payment History
You’ll need to have made at least 3 months of on-time payments on your current FHA loan. - 210 Days Since Last Closing
It must be at least 210 days since your last loan closing to be eligible. - Demonstrate a Net Tangible Benefit
This means you need to show that the refinance will significantly improve your financial situation, such as lowering your principal and interest or switching from an ARM to a fixed-rate mortgage.
Want to see if you qualify? Click here to fill out our Refinance Intake Form and speak to a licensed loan officer today.
Other Options: Cash-Out Refinance
In addition to the FHA Streamline Refinance, you might consider a cash-out refinance. This option allows you to tap into your home’s equity to consolidate debt or cover other expenses. A cash-out refinance can be especially helpful if you’re looking to pay down high-interest credit card debt.
Our team at Reliant Home Funding is ready to help you find the best refinancing option for your needs. Whether it’s an FHA Streamline or another type of loan, we’ve got you covered.
Ready to Apply?
To explore your refinance options and take the first step toward saving money, fill out our refinance intake form today. Our expert loan officers will guide you every step of the way, ensuring you get the best deal possible.
