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FHA Streamline · Rate-and-term refinance

FHA Streamline Refinance 2026: No Appraisal, Reduced Documentation

The FHA Streamline lets existing FHA borrowers refinance to a lower rate or from ARM to fixed with no new appraisal, no income re-verification (Non-Credit-Qualifying), and a required Net Tangible Benefit. Originated by Simply Approved Mortgages (Company NMLS# 2620881).

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Quick answerSummary
  • ✓For borrowers with an existing FHA-insured mortgage only
  • ✓No new appraisal required in most cases
  • ✓No income or employment re-verification (Non-Credit-Qualifying)
  • ✓210-day seasoning + 6 on-time payments required
  • ✓Must produce a Net Tangible Benefit per HUD
  • ✓Cash back capped at $500 — this is not a cash-out program
  • ✓UFMIP and Annual MIP still apply
SA

Written by

Simply Approved Mortgages Team

Licensed Loan Officers · NMLS# 2620881

12 min read·Independently researched · No paid product placement
Content verified against HUD Handbook 4000.1 · Update 18 (August 12, 2026)Simply Approved Mortgages LLC is not affiliated with HUD or FHA. The handbook text governs; this page is an educational summary.
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Get your FHA Streamline Refinance 2026 scenario summary

Complete the short request and a Simply Approved Mortgages Loan Officer sends back a written summary built from your own numbers: an estimated payment breakdown, estimated cash to close, the loan structures that may fit your file, and the documentation underwriting will ask for.

  • Estimated monthly payment with taxes and insurance
  • Estimated cash to close for your scenario
  • Loan structures your profile may fit
  • Document checklist for your file
Get my summary

Takes about 3 minutes · Summary shown on screen and emailed to you

Illustration only, generated from the information you enter. Not a rate quote, lock, loan estimate, pre-qualification, offer, approval, or commitment to lend. Figures are subject to credit, income, asset and property review and full lender underwriting; binding numbers appear on your Loan Estimate.

Scenario summary

Purchase price entered
$412,000
Down payment entered
$20,600
Estimated loan amount
$391,400
Estimated cash to close
$14,300
Programs reviewed
4

Sample layout with example figures — your own numbers replace these. Simply Approved Mortgages LLC · NMLS #2620881 · Equal Housing Opportunity.

Pricing snapshot

Live ratesLive pricing. Rates are retrieved from our pricing provider when you run a scenario.

FHA Rates for FHA Streamline Refinance — Today's Options at a Glance

Four real options from today's wholesale pricing for one documented sample scenario per program — no form needed. Updated twice each business day, about 10 AM and 2 PM Eastern. Your own rate depends on your credit, down payment, property, state and lock date.

Live pricing tool

Live ratesLive pricing. Rates are retrieved from our pricing provider when you run a scenario.

Live FHA Rates for FHA Streamline Refinance

Enter your scenario to see live wholesale pricing for Florida and Colorado. Figures are illustrative and not a quote, lock, offer, or commitment to lend; binding figures appear on your Loan Estimate.

FHA mortgage pricing tool

Live ratesLive pricing. Rates are retrieved from our pricing provider when you run a scenario.

Enter your scenario to see live wholesale FHA pricing available to Simply Approved Mortgages for Florida and Colorado primary residences. Every figure shown comes from our pricing provider for the scenario you enter — nothing is estimated.

Consumer residential pricing is available in Florida and Colorado only.

Purchase price minus your down payment.

Occupancy

Primary residence (owner-occupied)

Pricing shown is based on the scenario entered and wholesale pricing available at the time of the search. It is not a rate lock, loan approval, commitment to lend, or guarantee of terms. Rates and pricing change frequently and expire. Your actual rate, APR, payment, and costs depend on a complete application, verified credit and income, property and appraisal review, and lender underwriting approval. Binding figures appear on your Loan Estimate.

Simply Approved Mortgages LLC is not affiliated with, acting on behalf of, or endorsed by the U.S. Department of Housing and Urban Development (HUD), the Federal Housing Administration (FHA), the U.S. Department of Veterans Affairs (VA), or any other government agency.

Simply Approved Mortgages LLC | NMLS #2620881 is a mortgage broker and is not a direct lender. Equal Housing Opportunity.

Scenarios this tool does not price
  • FHA 203(k) renovation and one-time-close construction pricing (submit these scenarios to a loan officer).
  • Non-owner-occupied and HUD REO $100-down scenarios.
  • Adjustable-rate FHA pricing (the tool prices fixed-rate terms only).

What is an FHA Streamline Refinance?

The FHA Streamline Refinance is HUD's simplified refinance for borrowers who already have an FHA-insured mortgage. Because the FHA already insures the original loan, HUD lets lenders waive the new appraisal and, on the Non-Credit-Qualifying variant, waive income and employment re-verification. The result is a faster, lower-touch refinance to a lower rate, a shorter term, or from an ARM to a fixed rate.

FHA Streamline eligibility requirements

  • The current loan must be FHA-insured.
  • At least six on-time monthly payments made on the existing FHA loan.
  • At least 210 days since the first payment due date of the existing loan.
  • The most recent 6 months at zero 30-day late payments; no more than one 30-day late in the prior 6 months.
  • Net Tangible Benefit — a HUD-defined benefit (typically a specified minimum reduction in principal + interest + MIP, or ARM-to-fixed conversion).

What the FHA Streamline is (and isn't)

The Streamline is a rate-and-term refinance only. Cash back to the borrower is capped at $500 at closing. If you need to tap equity, use the FHA Cash-Out Refinance instead, which does require a new appraisal and full income documentation.

Credit-Qualifying vs Non-Credit-Qualifying Streamline

  • Non-Credit-Qualifying: No credit re-underwriting, no income/employment verification. Requires seasoning and NTB.
  • Credit-Qualifying: Required when adding or removing a borrower from the note, or when the lender's overlays call for it. Credit, income, and DTI are re-underwritten.

How the FHA Streamline process works

  1. 1

    Verify eligibility with your Simply Approved Mortgages Loan Officer

    We pull your current FHA case number, seasoning, payment history, and confirm Net Tangible Benefit math.
  2. 2

    Lock your rate

    Once NTB is confirmed, we lock the rate that produces the required benefit.
  3. 3

    Title and payoff

    Title is ordered and the current servicer is asked for a payoff statement. No new appraisal is ordered on Non-Credit-Qualifying files.
  4. 4

    Underwriting

    Streamlined underwriting confirms case number, seasoning, and NTB. Non-Credit-Qualifying files skip income/asset verification.
  5. 5

    Closing Disclosure and signing

    You receive the CD at least 3 business days before signing, per TRID.

When the FHA Streamline makes sense

✓

Rates dropped since you closed

The most common use case — capture a lower fixed rate with minimal friction.

✓

You have an FHA ARM

Convert to a fixed-rate FHA loan (an automatic Net Tangible Benefit).

✓

Your income is harder to document today

Non-Credit-Qualifying skips income re-verification for eligible borrowers.

✓

Your home value dropped

No appraisal means underwater or reduced-equity borrowers can still refi.

✓

You want the fastest FHA refi

Reduced docs and no appraisal accelerate close.

✓

You closed your FHA loan on/before May 31, 2009

Reduced MIP rates may apply — real savings potential.

Expert Insight
Streamline math has to clear HUD's Net Tangible Benefit test, not just "feel" like a win. When lender credit is offering a "no-cost" Streamline, run the payment reduction net of MIP to make sure the file actually qualifies before you invest time in it — we'll confirm both before you commit.
Simply Approved Mortgages Team
Licensed Loan Officers • NMLS# 2620881

Refinance loan options

Which refinance loan option fits?

Six refinance paths — each with different LTV caps, appraisal rules, and pricing. Pick the one whose "why" matches your goal. Educational only — not a quote, lock, offer, or commitment to lend.

Rate-and-Term Refinance — the classic "lower my rate" refi

Choose this when your goal is a lower interest rate, a shorter term (30 → 20 → 15), or switching program types (ARM → fixed, FHA → conventional to shed MIP). No cash is disbursed to you at closing — the new loan just replaces the old one. Rate-and-term pricing is typically the lowest of any refi option because LTV caps are higher and risk to the investor is lower.

Best for

  • ✓Rates have dropped since you closed your existing loan
  • ✓You want to switch from an ARM to a fixed rate
  • ✓You want out of FHA mortgage insurance and have ≥20% equity
  • ✓You want to shorten your term and pay less interest over the life of the loan

Requirements & caps

  • •LTV up to 97% conventional (Fannie HomeReady / Freddie Home Possible), 97.75% FHA, 100% VA IRRRL
  • •Minimum FICO ~620 conventional / 580 FHA / no VA-imposed minimum (lender overlays apply)
  • •DTI generally 45% standard conventional (up to 50% with AUS + factors), 43% standard FHA (up to ~56.99% with AUS + compensating factors)
  • •Full appraisal typically required (Fannie Value Acceptance / Freddie ACE may waive on eligible files)

Source: Fannie Mae Selling Guide B2-1.3-03; Freddie Mac Guide 4301.4; HUD 4000.1 II.A.8.d. Guidelines subject to change; lender overlays may apply. Individual results vary.

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Want this applied to your own file?

A Simply Approved Mortgages Loan Officer reviews your credit, income, and property against current FHA guidelines and follows up with estimated figures. Educational only — not a quote, lock, offer, or commitment to lend.

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Key qualifying numbers

FHA Streamline Refinance — max LTV, credit score & DTI at a glance

The four numbers most borrowers ask about first. Full underwriting matrix and citations are further down the page.

Max LTV

N/A

No LTV cap — FHA Streamline uses existing loan payoff; no appraisal on credit-qualifying or non-credit-qualifying streamline.

Min credit score

No FHA min

HUD sets no minimum on non-credit-qualifying streamline; lender overlays typically 580–640.

Max DTI

Not calculated

No DTI on non-credit-qualifying streamline; credit-qualifying variant uses the standard 43% back-end (can stretch to 56.99% with AUS + compensating factors).

Seasoning

210 days

210 days from first payment + 6 monthly payments made (HUD 4000.1 II.A.8.d).

Net Tangible Benefit test required — new PITI + MIP must drop by at least 5% (rate-and-term) or convert ARM to fixed. Non-credit-qualifying streamline uses existing loan appraised value; credit-qualifying variant may require a new appraisal.

The honest trade-off

FHA Streamline Refinance pros and cons

The Streamline is powerful for existing FHA borrowers but not the right tool for every scenario. Here is the straight read.

Pros

  • +

    No new appraisal in most cases

    The original appraised value is reused under FHA guidelines, so reduced-equity or underwater FHA borrowers can still qualify.

  • +

    No income or employment re-verification

    Non-Credit-Qualifying variant skips paystubs, W-2s, and VOE — helpful when income is harder to document today than at original close.

  • +

    No credit score requirement (Non-Credit-Qualifying)

    Underwriting focuses on mortgage payment history, seasoning, and Net Tangible Benefit — not FICO.

  • +

    Reduced MIP for pre-Jun-2009 FHA loans

    If your existing FHA loan was endorsed on or before May 31, 2009, UFMIP is 0.01% and Annual MIP is 0.55% — real savings potential.

  • +

    Closing costs may be financed

    Costs can be rolled into the new loan amount within HUD limits so out-of-pocket can be near zero.

  • +

    Faster close than a full refinance

    Reduced documentation and no appraisal typically shorten the timeline versus a standard rate-and-term refi.

Cons

  • !

    FHA-to-FHA only

    Not available if your current loan is conventional, VA, or USDA — this program refinances FHA-insured mortgages only.

  • !

    Cash back capped at $500

    The Streamline is rate-and-term only. For equity access use the FHA Cash-Out Refinance (new appraisal + full docs required).

  • !

    UFMIP and Annual MIP still apply

    Mortgage insurance does not go away — a new UFMIP is charged and Annual MIP continues per HUD MIP rules.

  • !

    210-day seasoning + 6 payments made

    You cannot Streamline immediately after closing; HUD requires at least 210 days from first payment due date and 6 on-time payments.

  • !

    Payment history rules are strict

    No 30-day lates in the last 6 months, and no more than one 30-day late in months 7–12, under current FHA guidelines.

  • !

    Must clear Net Tangible Benefit

    Fixed-to-fixed refis must meet HUD’s combined P&I + MIP reduction test; ARM-to-fixed has its own NTB path.

See where you stand on these requirements

A Simply Approved Mortgages Loan Officer will review your credit, income, and reserves against real program guidelines — no obligation.

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FHA Streamline Refinance examples

Illustrative scenarios anchored to the current Freddie Mac PMMS 30-yr fixed U.S. average. Updates automatically as PMMS updates. Not a quote, lock, offer, or commitment to lend; your binding rate and APR appear on your Loan Estimate.

Rate drop refinance

Non-credit-qualifying Streamline, no appraisal. Net tangible benefit test passes; MIP refunded pro-rata.

ARM to fixed

Borrower converts a 5/1 ARM to a 30-yr fixed — qualifies as a tangible benefit even without a rate cut.

Term reduction 30 to 15

Borrower shortens the term, dropping total interest paid dramatically; MIP schedule shortens too.

Credit-qualifying Streamline

Used when adding a co-borrower or when the file must re-verify income; still no appraisal.

Live market pricing

FHA loan mortgage rates today

FHA mortgage rates change every business day with the MBS market, Treasury yields, and lender pricing. Because FHA loans are federally insured, lenders can price them competitively for borrowers with credit scores and debt-to-income ratios that might not qualify for the best conventional terms.

Your exact rate depends on your middle FICO score, loan-to-value ratio, loan amount, occupancy, property type, and whether you pay discount points. Borrowers with higher credit scores and larger down payments typically receive more favorable pricing and Annual MIP factors.

We update our rate board daily through our Simply Approved Mortgages rate engine so you can review current FHA rate and APR examples for the scenario you select.

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What affects your FHA rate

  • ✓

    Credit score

    Higher middle FICO scores get lower base rates and better MIP tiers.

  • ✓

    Down payment / LTV

    A 10% down payment unlocks the 11-year MIP removal rule and lower pricing.

  • ✓

    Loan amount

    Rates and MIP factors differ between standard and high-balance FHA loans.

  • ✓

    Discount points

    Paying points upfront can lower your rate — or keep costs lower with a slightly higher rate.

  • ✓

    Market timing

    Rates move with MBS and Treasury markets; locking protects you from increases.

Rates and APRs shown on our rate board are illustrative and change daily. Not a quote, lock, offer, or commitment to lend. Your actual rate, APR, and payment depend on credit, income, assets, occupancy, property type, and automated underwriting findings. Binding figures appear on your official Loan Estimate after a complete application. Simply Approved Mortgages LLC, NMLS# 2620881. Equal Housing Opportunity.

Streamline calculators

FHA Streamline Refinance calculators

Refinance-only math built for the FHA Streamline. Compare your current FHA P&I + MIP payment to the new payment, check the HUD Net Tangible Benefit rule, and see the true break-even after closing costs. Illustrative only — not a quote, lock, offer, or commitment to lend.

Current P&I + MIP

$1,979

New P&I + MIP (illustrative)

$1,842

Estimated monthly savings

$137

Break-even on closing costs

32.9 months

Reused LTV (UPB ÷ original value)

91.9%

New UFMIP financed into loan

$5,066

See Today's Rates

Illustrative only — not a quote, lock, offer, or commitment to lend. Actual rate, MIP, closing costs, and NTB determination depend on FHA case number, current servicer payoff, credit-qualifying vs non-credit-qualifying election, and full underwriter review. Binding figures appear on your Loan Estimate. Simply Approved Mortgages LLC, NMLS# 2620881. Equal Housing Opportunity.

Next steps

See Today's Rates

Emailing your FHA streamline refinance calculators scenario opens our secure request form so a Simply Approved Mortgages Loan Officer can review those numbers. Estimates are illustrative and are not a quote, lock, offer, or commitment to lend.

Wholesale advantage

Compare loan officer compensation on your mortgage quote

Loan officer compensation is part of the cost of a mortgage. On eligible residential loans, Simply Approved Mortgages generally uses 1.5% lender-paid compensation. Enter the compensation shown on another lender's Loan Estimate to see the difference in dollars.

Simply Approved Mortgages compensation (1.5%)$4,500
Quote you entered (2.75%)$8,250

Compensation difference on this illustration: $3,750.

How lower compensation can help you

Room for a lower rate

When less compensation is built into pricing, there can be room for a lower interest rate, which may lower your monthly payment.

Possible credits toward closing

Depending on the rate you choose, pricing can sometimes include a lender credit toward third-party closing costs, so you may bring less cash to closing.

More purchasing power

A lower rate means a lower monthly payment, which can lower your debt-to-income ratio and may help you qualify for more home on the same income.

Wholesale, not retail

As a mortgage broker we compare pricing from wholesale lenders instead of offering a single bank’s retail pricing.

Tip: On page 2 of your Loan Estimate, look at Section A, "Origination Charges." If the lender pays the loan officer, that compensation usually does not appear there as its own line; it is built into the interest rate. That is why comparing the rate and any lender credits side by side matters.

Get a second opinion on your Loan Estimate

Already have a Loan Estimate from another bank or broker? Share it with a Simply Approved Mortgages Loan Officer, who will compare the rate, fees and credits side by side with options we can arrange. No cost to request a review.

Illustration only — not a quote, lock, offer, or commitment to lend; binding figures appear on your Loan Estimate. Lender-paid compensation is paid by the lender, not directly by you, and is part of the loan's pricing, so the loan is not free of costs. A lower compensation figure does not by itself guarantee a lower rate or lower closing costs; individual results vary by credit, loan type, property and market conditions. Residential lending in FL and CO only. Simply Approved Mortgages LLC · NMLS #2620881 · Equal Housing Opportunity.

Get Ready

Document Checklist for FHA Streamline Refinance

Gathering these documents up front helps your Simply Approved Mortgages Loan Officer issue a stronger pre-approval and move FHA Streamline Refinance to Clear-to-Close faster. Actual items required vary by scenario — your loan officer will confirm the final list.

Identity

  • ✓Government-issued photo ID for each borrower on the existing FHA loan

Existing FHA Loan

  • ✓Current FHA mortgage statement (loan must be FHA-insured)
  • ✓Proof of 210-day seasoning and 6 on-time payments
  • ✓Payoff statement from current servicer
  • ✓Homeowners insurance declarations page

FHA Streamline Specific

  • ✓Net Tangible Benefit worksheet (prepared by your loan officer)
  • ✓CAIVRS clearance authorization
  • ✓No income, employment, asset, or appraisal documentation required for non-credit-qualifying streamline

Educational checklist only. Not a commitment to lend and not a complete list of conditions. Documentation requirements are governed by agency guidelines (Fannie Mae Selling Guide, FHA Handbook 4000.1 incl. Update 18 (August 12, 2026), VA Lender's Handbook, USDA HB-1-3555) and individual investor overlays. Your Simply Approved Mortgages Loan Officer will provide your specific document list based on your scenario.

Credit Documentation & Monitoring

Credit Reports and Credit Monitoring for FHA Streamline Refinance

Credit is one of the four underwriting buckets every lender reviews — and one of the few you can actively improve before you apply. Monitoring your credit throughout the process helps you catch errors, fraud, and score changes early, which protects your approval timeline and your rate.

Step 1 · Lender Pull

Ordering Credit for Your Pre-Approval File

Once you sign your loan application (Form 1003) and disclosures, your Simply Approved Mortgages Loan Officer orders a tri-merge residential mortgage credit report (RMCR) from Equifax, Experian, and TransUnion. This is a hard inquiry, but FICO's model treats mortgage inquiries within a 45-day window as a single event, so shopping lenders during that window will not stack on your score.

  • What we need from you: signed borrower authorization, government-issued photo ID, Social Security number (or ITIN), and current address.
  • What the report shows underwriters: middle FICO score, open tradelines, minimum payments, late history, collections, public records, and recent inquiries.
  • How long it's valid: 120 days for conventional loans and for FHA/VA/USDA (HUD guidelines, VA Lender's Handbook Ch. 4). Older reports must be re-pulled before closing.
  • Rapid rescore: if a legitimate error is on your report, we can request a rapid rescore in 3–7 business days after you supply documentation from the creditor.
Pay for Your Credit Report →

This link redirects to our third-party credit vendor's payment portal. You pay the report fee directly so we can pull your tri-merge credit report for your pre-approval file. A credit pull is required for underwriting; this is not a commitment to lend.

Step 2 · Self-Check

Review and Monitor Your Credit at MyITINCredit.com

Before we pull your file, review and monitor your credit at MyITINCredit.com. Their $1 promotional trial gives you tri-bureau visibility plus ongoing credit monitoring so you can catch changes, disputes, or new accounts as they appear — not after they've already delayed your loan.

  • Verify accuracy: confirm names, addresses, SSN/ITIN, and every open account belong to you.
  • Dispute errors: the Fair Credit Reporting Act gives you the right to dispute inaccurate items directly with the bureau — no charge.
  • Address collections and charge-offs: a settled or paid collection can be documented in advance so it does not stall underwriting.
  • Pay down utilization: credit-card balances reported below 30% of the limit typically produce the strongest scores.
  • Avoid new credit: do not open new cards, finance a car, or co-sign for anyone from now through closing.
  • Monitor continuously: credit monitoring alerts you to new inquiries, balance changes, and potential identity theft while your loan is in process.
Check & Monitor Your Credit at MyITINCredit.com →

MyITINCredit.com is a service operated by Simply Approved Corporation (a DBA of that entity), which is the parent company of Simply Approved Mortgages LLC. Simply Approved Mortgages may receive subscription revenue if you choose to enroll. Credit monitoring through MyITINCredit.com is optional and is not required to apply for or obtain a mortgage with us. Promotional pricing, trial terms, and monitoring features are set by MyITINCredit.com and subject to change.

Why credit monitoring matters during a mortgage — A single new collection, missed payment, or unauthorized inquiry can change your qualifying score or trigger additional underwriting conditions. Typical minimum scores* — Conventional 620, FHA 580 (3.5% down) or 500 (10% down), VA no HUD minimum (most lenders 580–620), USDA typically 640, Jumbo 680–740, Doctor Mortgage 680–700+, Non-QM/DSCR varies by program, ITIN 620–680 alternative credit. Investor and lender overlays apply; individual results vary. Not a commitment to lend.

Trusted government resources

These independent government resources can help you research mortgage programs, rates, and your rights before you apply.

Simply Approved Mortgages is not affiliated with HUD, the CFPB, the FTC, the VA, or any other government agency. Links are provided for your independent verification.

FAQs reviewed by Simply Approved Mortgages · November 2026

Still have questions? Get answers on your scenario

Start a short request and a Simply Approved Mortgages Loan Officer responds within one business day with next steps and a document checklist.

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Frequently Asked Questions About FHA Streamline Refinance 2026

Answers to the most common about FHA streamline refinance 2026 questions, written by licensed loan officers.

The FHA Streamline is a refinance program available only to borrowers with an existing FHA-insured mortgage. It reduces documentation by waiving the new appraisal in most cases and, on Non-Credit-Qualifying variants, waives income and employment re-verification.
Ask Sam AI

Ask SAM anything about mortgages

SAM is the Simply Approved Mortgages AI assistant. It answers general questions using the reviewed guides published on this site and links you to the primary government source. It is educational only — it does not quote a rate, payment, APR, approval or commitment to lend. A Simply Approved Mortgages Loan Officer reviews every scenario before any terms are confirmed.

Hi, I'm SAM — an AI assistant for Simply Approved Mortgages. I can explain loan programs, closing costs, DTI, down payments and which calculator or guide to use. I'm not a licensed loan officer, and nothing here is a quote, approval or commitment to lend.

SAM is an AI assistant — not a licensed loan officer, attorney, CPA or financial adviser. Answers are educational only, are not a quote, lock, offer or commitment to lend, and material loan terms must be reviewed by a Simply Approved Mortgages Loan Officer. Never share SSN/ITIN, date of birth, account numbers or passwords in chat. Residential mortgage loans are arranged in Florida and Colorado. Start My Approval.

Ask Sam AI provides general educational information only. It is an automated assistant, may be incomplete or out of date, and does not provide legal, tax or financial advice. Nothing it produces is a rate quote, APR, pre-approval, offer or commitment to lend. Never share a Social Security number, ITIN, date of birth, account number or password in chat. Simply Approved Mortgages LLC (NMLS #2620881) arranges residential mortgage loans in Florida and Colorado. Eligibility, terms, conditions and availability vary by borrower, property, lender, loan program and state, and all loans are subject to lender underwriting and approval. Equal Housing Opportunity.

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  1. 1Sign in to your Google account and search a mortgage topic such as "mortgage rates".
  2. 2Select the icon next to "Top stories" to open the preferred sources panel.
  3. 3Search for Simply Approved Mortgages, tick the box, and save.
Google's preferred sources help

Preferred sources is a Google Search feature controlled entirely by you and by Google. Simply Approved Mortgages LLC (NMLS #2620881) does not control search results and makes no representation about how or whether our content will appear. Educational content only — not a quote, lock, offer, or commitment to lend.

Local FHA Streamline hubs

FHA Streamline Refinance by state

FHA Streamline rules are federal, but state-specific nuances, local servicing, and insurance considerations matter. Jump to your state hub for localized guidance.

State hub

FHA Streamline Refinance in Colorado

FHA Streamline rules, seasoning, and Net Tangible Benefit guidance for Colorado borrowers with an existing FHA loan.

Open the Colorado Streamline hub →

State hub

FHA Streamline Refinance in Florida

FHA Streamline refinance guidance for Florida borrowers, including seasoning, payment history, and MIP rules.

Open the Florida Streamline hub →

FHA product library

Explore every FHA loan product and topic

Deep-dive references on each FHA program, insurance rule, waiting period, and qualifying calculator.

FHA Loans — Complete Guide

Every FHA program, requirement, and current rule in one place.

Read guide →

FHA 203(b) Purchase

The standard 3.5%-down FHA purchase loan.

Read guide →

FHA 203(k) Renovation

Buy + renovate in one FHA loan.

Read guide →

FHA Cash-Out Refinance

Tap equity up to 80% LTV.

Read guide →

FHA HECM Reverse Mortgage

HUD-insured reverse mortgage for age 62+.

Read guide →

FHA Loan Limits

County floor, ceiling, and how limits are set.

Read guide →

FHA Mortgage Insurance

UFMIP, Annual MIP, and payoff timing.

Read guide →

FHA Appraisal Requirements

HUD MPR standards and what appraisers check.

Read guide →

FHA Gift Funds

Who can gift, documentation, and the paper trail.

Read guide →

FHA DTI Calculator

Run your ratios against FHA benchmarks.

Read guide →

FHA vs Conventional

Compare total cost by credit tier.

Read guide →

FHA Waiting Periods

BK, foreclosure, and short-sale timelines.

Read guide →

How this page connects

Where this fits in the FHA lending library

This page sits inside our FHA lending coverage.

What most readers open next

Explore the full guide

Keep reading — the rest of the buying playbook

Each of these is a deep-dive on one piece of the purchase mortgage process. Bookmark whichever you need next.

Guide

FHA Loans — Complete Guide

Every FHA program in one reference.

Read the guide →

Guide

FHA Cash-Out Refinance

When you need equity, not just a lower rate.

Read the guide →

Guide

FHA Mortgage Insurance (MIP)

Streamline MIP rules and refunds.

Read the guide →

Guide

FHA Appraisal Requirements

When appraisal is and isn't required.

Read the guide →

Guide

FHA 203(b) Standard Purchase

The original loan you may be streamlining.

Read the guide →

Guide

Closing Costs Explained

What's on your Loan Estimate.

Read the guide →

Internal library

Related mortgage guides across our library

Follow the next relevant guide for your scenario.

FHA loans

FHA loan library

Simplify Your Mortgage Journey with These Resources

Home Value Report
Check Your Credit
Mortgage Calculator
Home Affordability Calculator
Pay for my Credit Report
Mortgage Document Checklist
Down Payment Assistance
Native American Home Loans
FHA Loan Limits
See Today's Rates
Refinance Guide
Pre-Approval Request

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Complete this short request and a Simply Approved Mortgages Loan Officer will personally review your scenario. The form only asks what your program actually needs. Submitting it is not an application for credit and is not a commitment to lend.

FHA loan

Tell us about your scenario

The form below is tailored to FHA loan — only the questions and documents your program needs.

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Simply Approved Mortgages LLC is licensed to arrange residential mortgage loans in Florida and Colorado only. We ask first so we never collect a mortgage inquiry we are not licensed to act on.

FHA allows 3.5% down at 580+ FICO, or 10% down at 500–579 FICO.

What's your goal?
Purchase price$450,000
$
Down payment (10.0%)$45,000
$

A range is enough here — no credit report is pulled and your credit is not affected.

Estimated monthly payment at these numbers
$3,460

Illustrative estimate only — not a quote, rate lock, offer of credit, or commitment to lend.

Submitting this form is not an application for credit and is not a commitment to lend. No credit report is pulled at this step.

No obligation to apply Encrypted connection Verify NMLS# 2620881
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Equal Housing OpportunityEqual Housing OpportunityMortgage Broker — Not a LenderNMLS ID# 2620881NMLS Consumer AccessFlorida Mortgage Broker License #MBR7685Colorado Mortgage Company Registration

Licensing & Disclosures

Simply Approved Mortgages LLC | NMLS #2620881

Florida Branch Office (Miami, FL) | Branch NMLS #2688012

Florida Mortgage Broker License #MBR7685 | Colorado Mortgage Company Registration

Business Phone: (877) 813-7219

Equal Housing Opportunity

Broker identification. Simply Approved Mortgages LLC is a mortgage broker and is not a direct lender. We arrange residential mortgage loans with third-party wholesale lenders and do not make the lender's final credit decision or fund the loan. We arrange residential mortgage loans in Florida and Colorado. Business-purpose mortgage products may be arranged in additional states only where permitted by applicable law and pursuant to applicable licensing requirements or exemptions.

Credit and program terms. All loans are subject to lender credit approval, underwriting, acceptable appraisal or valuation when required, title review, insurance, and supporting documentation. Eligibility, programs, rates, APRs, points, lender credits, fees, payments, terms, loan amounts, down-payment requirements, mortgage insurance, and availability may vary based on borrower, property, occupancy, credit profile, loan-to-value ratio, debt-to-income ratio, lender, loan program, and state and may change without notice. Not all applicants, properties, products, or programs will qualify or be available in every state. Nothing on this site constitutes a loan approval, rate lock, offer, commitment to lend, guarantee of approval, or guarantee of terms or closing.

Rates, payments and calculators. Rates, APRs, payments, down payments, loan amounts, home values, estimated equity, savings, affordability estimates, closing costs, and other calculator or scenario results displayed on this site are estimates or illustrations unless expressly stated otherwise. Actual loan terms may differ. Taxes, homeowners insurance, mortgage insurance, association dues, lender charges, broker compensation, discount points, third-party charges, and other costs may apply. Advertised rates, payments, APRs, down payments, and other credit terms are subject to the assumptions and disclosures presented with the applicable advertisement. Applicable loan terms and disclosures will be provided as required for the particular transaction.

Mortgage products. FHA, VA, USDA, conventional, jumbo, non-QM, HELOC, reverse mortgage, down-payment-assistance, investment-property, DSCR, and other mortgage products referenced on this site are subject to their individual eligibility, underwriting, property, occupancy, and program requirements. Product availability varies by lender and jurisdiction. References to a mortgage product or program do not constitute a determination that a borrower or property qualifies.

Government-backed programs. Government-backed or government-insured mortgage programs referenced on this site may be subject to requirements established by the applicable government agency in addition to lender requirements. Government insurance or guaranties generally protect participating lenders against certain losses and do not constitute a guarantee of borrower approval.

Business-purpose products. DSCR, investment-property, and other business-purpose mortgage products referenced on this site are intended for qualifying business-purpose transactions. Business-purpose loans may be subject to different requirements and protections than consumer-purpose residential mortgage loans. Borrowers are responsible for accurately disclosing property occupancy and intended use.

Down payment assistance. Down payment or closing-cost assistance programs referenced on this site may be administered by governmental entities, housing finance agencies, nonprofit organizations, lenders, or other third parties. Program availability, funding, assistance amounts, eligibility requirements, repayment or forgiveness provisions, and other terms vary and may change or become unavailable without notice. Listing or referencing a program does not guarantee funding, eligibility, or mortgage approval.

Government affiliation. Simply Approved Mortgages LLC is not a government agency and is not affiliated with, acting on behalf of, sponsored by, or endorsed by HUD, FHA, VA, USDA, or any other federal, state, or local government agency. References to government agencies, programs, benefits, data, forms, or resources are provided for informational purposes and do not imply government sponsorship or endorsement of Simply Approved Mortgages LLC.

Fair lending. Equal Housing Opportunity. Simply Approved Mortgages LLC conducts business in accordance with applicable federal and state fair-housing and equal-credit-opportunity laws and does not discriminate on any prohibited basis.

No professional advice. Content on this site is educational and general in nature and is not legal, tax, accounting, financial, investment, estate-planning, or individualized government-benefits advice. Consumers should consult appropriate qualified professionals regarding their individual circumstances.

Third-party content. References or links to government agencies, lenders, assistance programs, products, services, or other third-party websites are provided for informational purposes or convenience. Simply Approved Mortgages LLC does not control and is not responsible for third-party content, availability, accuracy, or privacy practices.

NMLS Consumer Access: Verify Simply Approved Mortgages LLC, NMLS #2620881.

Simply Approved Mortgages LLC, 633 W 5th St, Ste 2600, Los Angeles, CA 90071 · 877-813-7219 · support@simplyapprovedmortgages.com. State licensing details available at the NMLS Consumer Access link above. © 2026 Simply Approved Mortgages LLC.

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