Statements (23)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
mortgage refinancing program
|
| gptkbp:appliesTo |
residential properties
|
| gptkbp:benefit |
faster processing time
less paperwork |
| gptkbp:documentation |
credit check may be required
proof of employment may not be required |
| gptkbp:eligibility |
existing FHA loan holders
|
| gptkbp:fareControl |
annual mortgage insurance premium
upfront mortgage insurance premium |
| gptkbp:feature |
lower interest rates possible
lower monthly payments possible no appraisal required in some cases no income verification in some cases reduced documentation requirements |
| https://www.w3.org/2000/01/rdf-schema#label |
FHA Streamline Refinance
|
| gptkbp:introduced |
1980s
|
| gptkbp:offeredBy |
gptkb:Federal_Housing_Administration
|
| gptkbp:prohibits |
no cash out allowed
|
| gptkbp:purpose |
simplify refinancing process for FHA loans
|
| gptkbp:requires |
must be current on existing FHA loan
net tangible benefit to borrower |
| gptkbp:bfsParent |
gptkb:FHA_loan
|
| gptkbp:bfsLayer |
6
|