FHA Streamline Refinance: Net Tangible Benefit Changes
FHA streamline refinances require a net tangible benefit calculation and in February 2011, FHA changed the rules. The updated net tangible benefit requirements.
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FHA Streamline Loan: Payment History Requirements
The FHA streamline refinance loan requires that you have made at least 6 payments on your loan before you are eligible for the FHA streamline program.
FHA Streamline Refinance: No Appraisal Required
The FHA streamline refinance program is designed to have a no-appraisal option for homes that are under water regarding equity values.