No Appraisal Needed
In some cases, FHA streamline refinances do not require a new appraisal. Under certain conditions an appraisal is only needed if your new total loan amount exceeds your original loan. So, if you originally had a $100,000 loan, your new loan amount cannot exceed $100,000 or you will need a new appraisal on your property to qualify for the FHA streamline program. Call us now for a free, no obligation analysis to see if you qualify for this FHA program.