Most home owners are qualified for the FHA streamline refinance in just a matter of a couple of days and at closing within a week or so. Closing costs may be paid out of pocket, rolled into the loan amount or even compensated through YSP (while it still exists).Credit score, income, assets, and appraisal are not a consideration at this time although it is very likely that the last mortgage note investor who allows "no credit check" FHA streamline refinances will be modifying that policy in the near future.
The best way to know if you qualify is to telephone the Georgia FHA streamline refinance specialist at 678-946-0101 and ask for Ken Cook. Ken is the Social Media Director and top originator at Novation Mortgage at 2501 E Piedmont Road in Marietta, Georgia. They are Georgia residential mortgage licensee #20014 and an equal housing lender.
