Tag: Streamline

Documents Needed for an FHA Streamline

Question: What are the income and asset document requirements for an FHA Streamline?  MC – FHA Streamline Worksheet Answer: If you are doing a non-credit qualifying streamline refinance, then income and asset documentation is not required. If you are doing a credit qualifying streamline refinance, then income and asset documentation is required based on the type […]

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FHA Requirements to Remove a Borrower on a Streamline Refinance

Question: What are the requirements to remove a borrower on a streamline refinance? Answer: You will have to do a credit qualifying streamline refinance in order to remove a borrower.  So, there will be no appraisal or LTV limitation, but the remaining borrower will have to have sufficient income and ratios to qualify for the […]

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