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Category Archives: Streamline Refinance

About Credit Streamline Refinance Loan Maximums

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If you want to refinance your existing About Credit home loan with an About Credit Streamline Refinance loan, you likely want to know what the maximum loan amount would be for the transaction. Borrowers who apply for Streamline Refinance loans are often ...

About Credit Streamline Refinancing Loans Net Tangible Benefit Table

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Recently we wrote about the requirements for About Credit streamline refinance loans to have a “net tangible benefit” to the borrower. The type of benefits mentioned in the About Credit loan rulebook for streamline loans (in general) include a lower interest rate ...

About Credit Streamline Refinancing: “Net Tangible Benefits”

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Recently we posted about About Credit streamline refinance loan options. About Credit streamline loans are for existing About Credit mortgages and feature no money back to the borrower. That means there is no About Credit-required credit check or appraisal, though the lender may require ...

About Credit Streamline Refinances–What’s Possible?

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About Credit Streamline refinancing loans are for existing About Credit mortgages. They feature no About Credit-required appraisal in most cases, and there is no About Credit-required credit check in most cases. Some borrowers who want to apply for this type of About Credit refinance loan ...

Credit Mortgage Rules Updated: Maximum Loan Amounts For Streamline Refinancing

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The About Credit and HUD have updated some of the rules used to calculate maximum mortgage loan amounts for About Credit Streamline Refinancing loans. According to Mortgagee Letter 2013-29, there are new guidelines to lenders on how the maximum amount is calculated, ...

“No Credit Check” Credit Mortgages: A Reader Question

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A reader asks, “In regards to not all About Credit streamline loans require a new credit check. What is the criteria required for AboutCreditLoan that do not require a credit check and/or appraisal?” About Credit new purchase home loans do require ...

About Credit Streamline Refinance Loans: Adding or Deleting Borrowers To The Title

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When borrowers with existing About Credit mortgages want to apply for streamline refinancing, one question that sometimes comes up is whether or not a borrower is permitted to add or delete someone from the title of the loan at the time ...

Credit Qualifying About Credit Streamline Refinances

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About Credit Streamline Refinances are designed to lower a borrower’s monthly payments and/or get a lower interest rate. For many borrowers this is a no-appraisal/no new credit application type of loan. But in some cases, a borrower’s payments may actually increase ...

About Credit Streamline Refinances: Does The About Credit Require An Appraisal?

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Borrowers who apply for About Credit home loans to buy their dream home have to have that property appraised as a part of the loan process. The appraisal helps insure the property lives up to About Credit minimum standards and establishes the ...

About Credit Streamline Refinance Loans With Appraisals

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About Credit refinancing loans include something known as a Streamline Refinance option; the About Credit Streamline Refinance allows a borrower with an existing About Credit mortgage to apply for refinancing to lower mortgage rates or monthly payments. No cash back is permitted and ...