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FHA Streamline Refi

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DeadSpider
Frequent Contributor

FHA Streamline Refi

I've bought my house about 2.5 years ago for $138K @ 5.25 using two income, but now with rates lower thinking of refinancing but were down to only one income.

1: Will having one income be a problem or refi doesn't ask for income ?

2: How much should I expect to pay for closing and can I have it roll it to the loan ?

 

 

Message 1 of 5
4 REPLIES 4
IOBA
Senior Contributor

Re: FHA Streamline Refi

I have no idea...but why not call them and ask?   Then please let us know what you learn.

Message 2 of 5
webhopper
Moderator Emeritus

Re: FHA Streamline Refi

I'm doing an Fha streamline. Not sure what the income requirements for spouse are. My lender has a minimum 650 bank requirement.
FICO 9:
Filed Chapter 13 on 6/1/2017 after job loss. Discharged 6/1/2022.

Goal: Gardening!


Message 3 of 5
webhopper
Moderator Emeritus

Re: FHA Streamline Refi

Ive got a number you can call if you want to discuss options with a very knowledgeable lady who strictly deals with Fha and va loans
FICO 9:
Filed Chapter 13 on 6/1/2017 after job loss. Discharged 6/1/2022.

Goal: Gardening!


Message 4 of 5
webhopper
Moderator Emeritus

Re: FHA Streamline Refi

Or just call your current lender
FICO 9:
Filed Chapter 13 on 6/1/2017 after job loss. Discharged 6/1/2022.

Goal: Gardening!


Message 5 of 5
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