Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

FHA Streamline refinance Question?

I was told that since I would be changing jobs that I was not eligible for a FHA streamline refi. Is this true?

2 Answers

Relevance
  • Anonymous
    1 decade ago
    Favorite Answer

    It depends. Are you changing jobs before you close on the refi?

    Will your new job be in the same line of work?

    Will the new job be 1099 or straight commission?

    Source(s): I'm a mortgage banker/broker
  • 4 years ago

    that's a valid very own loan and that's extra low-value, even nonetheless it is not with out any value. they may well be rolling the cost into the very own loan. If that's pleased with advantageous, yet once you do no longer prefer to pay 30 years of pastime on some expenses then i could ask them to grant you a stable faith Estimate with the expenses on it. the purpose of a FHA Streamline is far less workplace work and a quicker very own loan. they do no longer ask for all the standards with the aid of fact they have already authorized those issues for you (once you purchased your unique very own loan).

Still have questions? Get your answers by asking now.