FHA Streamline Refinancing offers homeowners with existing FHA loans a potentially simpler path to refinancing. With typically less paperwork and a more straightforward process than conventional options, qualified borrowers may find themselves on a faster route to improved mortgage terms.
Key Benefits
The real magic happens in the simplified process – reduced documentation requirements, no appraisal needed in most cases, and limited credit checks for qualifying applicants all work together to create a more streamlined experience.
Important Requirements
This refinancing option isn’t for everyone – it’s exclusively available to current FHA loan holders who’ve maintained good standing with their payments. Typically, you’ll need at least 6 months of on-time payments under your belt and must wait 210 days from when your original mortgage began. The refinance should provide what lenders call a “Net Tangible Benefit” – essentially a meaningful financial advantage like a lower rate. And yes, closing costs and mortgage insurance still apply, so factor those into your calculations.
Your Next Step
Curious if FHA Streamline Refinancing aligns with your financial goals? Contact Intelliloan to explore your options and see if this simplified refinancing path makes sense for your situation.
DISCLOSURES
Intelliloan, Inc. NMLS# 3290. For licensing information, go to: www.nmlsconsumeraccess.org. Intelliloan, Inc. is located at 500 N. State College Blvd. Suite 1400, Orange, CA 92868. Call toll free at: (888) 417-8562. Loan program restrictions apply. Loan subject to verification and credit approval. This is not a credit decision, an offer, or a commitment to lend. Your rate, fees, and other terms will depend on various factors. All rights reserved. © 2025. Equal Housing Lender.
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