Streamlined Refinance
My mortgage is not fannie or freddie owned, and I have had a significant drop in income. I probably will not qualify for a standard refi because of my high DTI. Can I get a streamlined refi with any lender? Thank you. by ayoade_436_625 from Mansfield, Texas. Mar 25th 2012
Henry Daniels (HenryJDanielsNationalMortgage)
#11 ranked lender in Texas - 145 contributions
Hello, If you have a VA, FHA, USDA, Conventional (fannie or Freddie) you should have a streamline option available to you. If not you will have to work with your current lender to see if they have a streamline program. Sincerely,Henry J Daniels - Sr. Mortgage Banker & CMPSI Certified Mortgage Coach Direct/Text: (936) 228-1944 & Fax: (832) 217-3033 Learn about me and connect at HenryJDaniels.comBlog: WoodlandsMortgageBank.com
William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions
If your loan is an FHA, VA or USDA, you can streamline refinance... depending on the loan product you have will determine if there are DTI qualifications... contact a local mortgage broker, not a bank, and apply with them... they can look at your complete profile and find the right loan product for your particular scenario... WilliamAcres.com
Melvin List (melvinlist)
#143 ranked lender in Florida - 124 contributions
I would contact a local mortgage professional have them take a look at your income documents to see if you qualify.I only lend in Florida!
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