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Key Benefits

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.
  • You can refinance even if you owe more than your home is worth.

Want to see if you qualify? Call our FHA Hotline at (866) 577-8425.

The Benefits of Getting a Loan from Quicken Loans

  • We’re an FHA-approved lender and process FHA loans every day.
  • You get a completely online application with less paperwork.
  • Home Loan Experts are available via chat, email and phone to help you understand whether an FHA loan is right for you.
  • We service 99% of our mortgages, so our great customer service continues after you close.
  • We don’t charge you to make your mortgage payments online.
  • You can pay off your mortgage ahead of time with no penalties.

How It Works

The Different Types of FHA Streamline Refinance Loans

  • Refinance to a mortgage with low fixed interest rate and choose from a variety of terms (the length of the mortgage.
  • Or refinance to an FHA adjustable rate mortgage with a low fixed rate that ends after five years.

How an FHA Streamline Refinance Works

  • You need to already have an FHA loan to qualify for an FHA Streamline.
  • If your current mortgage interest rate is higher than today’s rates, you can use an FHA Streamline to lower your interest rate, which usually lowers your monthly payment.
  • Fewer documents are required and most people don’t need an appraisal, streamlining the process.
  • An FHA Streamline is primarily for lowering your interest rate, so the amount of cash you can get out of your home from refinancing is limited to $500.
Call (800) 251-9080 or fill out this form to apply for an FHA Streamline.
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Communication Consent & Disclaimers
Communication Consent:
By submitting your contact information you agree to our Terms of Use and our Security and Privacy Policy. You also expressly consent to having Quicken Loans, our Family of Companies, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Quicken Loans or its affiliates. By communicating with us by phone, you consent to calls being recorded and monitored.