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The Advantages of a FHA Streamline Refinance Because you already have an FHA loan, you’ll need fewer documents to refinance. In many cases, you can refinance with FHA Streamline without a new appraisal on your home. More lenient credit requirements to refinance compared to most other loans.
FHA Streamline. If you have an FHA loan with little to no equity or even owe more than your home is worth, you may be able to lower your rate or change your term with an FHA Streamline. If you’re a Quicken Loans client, we can help you with a credit score of as low as 580. For non-Quicken Loans clients, you’ll need a 640 credit score.
Quicken Loans Mortgage Review – Consumers Advocate – Quicken Loans offers jumbo options of up to $3,000,000 with fixed or adjustable rates and different mortgage lengths. FHA Streamline – Ideal for consumers who already have a Federal Housing Administration home loans and are looking to refinance in order to have a lower fixed interest rate.
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