This is the story of an FHA refinance with my first blog and my first dog. The 5% rate for FHA refinance without and appraisal is helpful in these trying economic times. You may not have an appraisal and be upside down like the clown standing on his head at the circus and this is not a problem for the FHA streamline refinance. I and my dog are well pleased with the FHA streamlined refinance. My dog does not understand FHA underwriting. My dog does not understand FHA appraisals. I do have more money for dogfood since the FHA underwriting for an FHA streamline refinance does not require and appraisal to get your rate down to 5%.
FHA streamlined refinancing