I am looking for a 203K streamline refinance

That sounds like something that could work. The medical collections are not an Issue,If you like to give me a call 615-586-0111 Jerry Vinett

Most all lenders will not do a 203K unless your credit score is 620 or above.. Keep in mind that for MID scores below 580, FHA requires a 10% down payment.. so even if you found that "needle in the haystack" lender who might be willing to do it. you will still need 10% down plus your closing costs to get a loan. If your only derogatory credit is medical collections, then FHA guidelines will ignore them,, but if the medical collections bring down your score, then that cannot be ignored.. Realistically, you need to get with a qualified mortgage broker/banker and apply with them. Once they see your complete loan profile, they will be better equipped to advise you properly. Also, by applying with a Banker/Broker, you have an advantage because he's familiar with local customs and works with many lenders with each one offering a different type of lending program. This is unlike the local bank which typically only has a few lending programs. The more lenders, the more lending options, and the more likely your scenario will be accepted.. Plus, the banker/broker is experienced in seeking out the best loan terms for your particular scenario, and he has lower overhead which typically results in lower rates and fees than most of the big box banks. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893