answersLogoWhite

0

"The first requirement of a streamline refinance is that the mortgage must be FHA insured. The mortgage must be up-to-date. The refinance must result in a lower monthly payment, but cash cannot be taken out on the refinanced mortgage."

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

What are the basic requirements for management accounting jobs?

One must have a strong understanding of business and the way the business world works. Also, he or she must have a bachelors degree in accounting or finance.


Why should you understand finance or accounting?

U Should understand the Basic Finance & Accounting, Bcz in our life indirectly we are using finance and accounts, if we are not know the basic thing of finance and accounting means how we analyse the thing are right or wrong,


What are the basic principles of finance?

The management of money.


What is general acceptability in basic finance?

acceptability is individually


What are four basic areas of finance?

The four basic areas of finance are personal finance, corporate finance, public finance, and investment finance. Personal finance focuses on individual financial planning, including budgeting, saving, and investing. Corporate finance deals with the financial activities of businesses, including capital structure and investment decisions. Public finance involves the management of a country's revenues, expenditures, and debt load, while investment finance centers on asset management and the analysis of investment opportunities.


What academic background would you need to apply for finance careers?

The particular job in finance will have individual requirements. In general, finance jobs require degrees in business or finance and relevant work experience.


Can you re-finance your reverse mortgage?

yes, you can refinance it to a regular mortgage, or if interest rates are lower you can streamline it to a new reverse mortgage.


What are the degree requirements for a job in finance?

The requirements will depend on the type of finance job you are applying for. A bachelor's degree is the most commonly required, but some lower skilled jobs only require an associate degree.


How would it be possible to find out if a person could be eligible for streamline FHA refinance?

There are quite a number of ways to learn if a person is eligible for streamline FHA refinance. One of the best ways would be to view the eligibility requirements on streamline FHA's website. Another way would be to contact someone at streamline FHA.


How do you perform a basic construction for geometry?

The answer depends on what the requirements for the basic construction are.


What are the basic requirements for the NFL?

hey


What are the basic requirements for reproduction?

a lab