Regular Contributor
sh9730
Posts: 150
Registered: ‎01-30-2008
Re: FHA, huh?
Think this is a REFINANCE - My understanding (not an expert) is that if you have an FHA loan now, and want to streamline refinance it (i.e. no cash out and the rate will be LOWER than what you have now) they normally dont pull credit or anything. 
 
I am not sure about a new appraisal though?  I dont think they do it as the idea of the streamline is to lower the risk to FHA on a loan they are already insuring, so obviously a lower rate and payment represents less risk to them so they make it very easy to do!  Again, no cash out though!