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ncorning

204 Posts

Posted - 02/04/2008 :  06:17:29 AM
My client received an approval from Flagstar for a streamline refi on his FHA loan. He has just completed his chapter 13 (including his mortgage) this past December.

Is a FHA streamline possible???

Thanks

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lunarhamster

3951 Posts

Posted - 02/04/2008 :  06:23:26 AM
I am not 100% sure, but I think it is.

I remember this senerio from an L/O in my office and I believe they got it done.
jenalpha

643 Posts

Posted - 04/07/2008 :  6:27:09 PM
if i am not mistaking, streamlines don't look at anything on FHA loans.
dkendall1979

10119 Posts

Posted - 04/07/2008 :  6:35:33 PM
You're fine.

quote:
Originally posted by ncorning

My client received an approval from Flagstar for a streamline refi on his FHA loan. He has just completed his chapter 13 (including his mortgage) this past December.

Is a FHA streamline possible???

Thanks



sheriephillips

408 Posts

Posted - 04/07/2008 :  6:44:52 PM
quote:
Originally posted by ncorning

My client received an approval from Flagstar for a streamline refi on his FHA loan. He has just completed his chapter 13 (including his mortgage) this past December.

Is a FHA streamline possible???

Thanks





The only thing FHA streamline looks at is the mortgage history. If he's 0x30, saving money or going from an ARM to a fixed rate, FHA will do this loan.
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