No Income Verification:
Because you already have an FHA loan, the FHA Streamline program allows, in some cases, for NO income verification and NO asset verification. The government designed this program to be a quicker and easier way for American homeowners to refinance and take advantage of lower interest rates. You may only need to verify that you are currently employed and that your current mortgage does not have any ‘30-day lates’ within the last 12 months.