FHA Streamline Refi

FHA homeowners can take advantage of low Arizona FHA mortgage rates regardless of how much their home is worth.  AZ FHA Streamline refinance rates can help an FHA homeowner reduce their FHA mortgage payment without having to jump through all the hoops they had to when they bought their home.

Advantages of an FHA Streamline

  • NO Appraisal Required
  • NO Income Verification Required

Basic FHA Streamline Guidelines

  • FHA homeowner must have made at least 6 payments on their FHA mortgage
  • FHA homeowner must benefit financially

FHA Streamline Process

An FHA Streamline Refinance is a simplified FHA mortgage refinance.  Some of the requirements associated with a typical mortgage are not required with an FHA streamline (including the need for an appraisal and to verify income).

Step 1: Apply with your Mortgage Lender
Step 2: Provide documentation requested by your Mortgage Lender (see below)
Step 3: Sign a disclosure package provided by your Mortgage Lender
Step 4: Sit back while your Mortgage Lender processes your FHA streamline
Step 5: Close on your FHA Streamline and save money!

FHA Streamline Documents Needed

  • Clear copies of you/your spouses ID’s
  • Copy of the “NOTE” for your current FHA loan
  • Copy of the “HUD-1” for your current FHA loan
  • Copy of the most recent mortgage payment statement for your current FHA loan
  • Contact information for your current homeowner’s insurance company
  • Signed disclosure package

FHA Streamline Helpful Hints

  • Always close your FHA streamline at the end of the month
  • You “skip” the monthly mortgage payment following your close
  • You will receive a refund check from your current escrow account 2-4 weeks after you close on your new FHA Streamlined Mortgage

The HOUSE Team is your FHA Streamline expert.  They will help you close quickly without surprises.  Contact us today and start saving money on your monthly FHA Mortgage payment.

Arizona FHA Loan Resources:

FHA Loan Overview
FHA Property Requirements
FHA Escrow Holdback
FHA 203k
FHA Mortgage Insurance

Team Phone:  602.435.2149
Team Email:  

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