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FHA Streamline

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DallasLoanGuy
Super Contributor

Re: FHA Streamline

No fico pull!!!!!!

no job

no income

no assets 

 

option 1: i get a mortgage only credit report(the company i use can remove everything but the mortgage before i send credit to underwriting)

option 2: verification of mortgage form completed by current lender.

 

 

Retired Lender
Message 11 of 13
BrianB_The_Loan_Professor
Valued Contributor

Re: FHA Streamline

What Tom said except from what I am seeing most lenders will want to know where you work and some will do a verification of employment - but you dont have to list income

Many will also pull your credit just for the score in case there is an adjustment to the rate for a lower score.

Flagstar I kno does both of these.

 

Brian

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Brian B The Loan Professor
Mortgage Banker - offering FHA, VA, USDA , and Conventional mortgages in all 50 states -

If I do not respond to a follow up question please feel free to contact me directly
Message 12 of 13
Donna1966
Regular Contributor

Re: FHA Streamline

Wow, you guys are fast today!!!  Thanks!!
Message 13 of 13
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