Delaware FHA Streamline Refinance Guidelines for 2010
John Thomas
November 2, 2010
Tags: Delaware FHA Streamline Refinance, FHA Guidelines
FHA Guidelines for Delaware Streamline Refinances have some significant changes from mortgagee letter 2009-32
Revisions for ALL Streamline Refinance Transactions:
Seasoning:
At the time of loan application, the borrower must have made at least 6 payments on the FHA-insured mortgage being refinanced. In order to complete the refinance, you need to obtain an FHA Case # assignment but FHA will not assign the case # until after the appropriate amount of time has passed since you obtained the FHA loan.
Payment History:
At the time of the loan application, the borrower must exhibit an acceptable payment history as described below.
