An FHA Streamline was designed specifically to help homeowners and their families to be able to refinance their home loan with very minimum restrictions. There are no debt to income ratios on a streamline but someone on the loan would need to have a source of some kind of income. While some lenders require you to have an appraisal done, Forthright Funding does not. By not having an appraisal done it will speed up the process, save you money and make sure that pricing does not change on your loan due to value coming in less than expected.
Speak with one of our FHA Specialists Now (855) 351-9522.