Skip to content

FHA Streamline Refinance: Your Best
Refinance Option?

Situations change, so FHA streamlined loans offer flexibility. If you already have a FHA mortgage, the FHA Streamline Refinance allows you to fine-tune your mortgage terms with reduced requirements including no appraisal reports, no income documentation and a limited credit review. You can lower your interest rate, monthly payments or reduce your mortgage term.

Better still: M&T Bank makes the refinancing process easy to understand and simple to complete. Scroll down to learn more about a FHA Streamline Refinance or Talk to an expert, utilize our easy loan wizard to explore rates and payments or get approved now.

The Nuts And Bolts

The Nuts And Bolts

  • For a non-credit qualifying FHA Streamline Refinance, income and assets verifications are not required.
  • A FHA Streamline Refinance does not require a new appraisal to determine your home's value, which is great news if your home's value today is less than its original purchase price.
More Details And Specifics

More Details And Specifics

  • You need to have a FHA mortgage in place to qualify for a FHA Streamline Refinance.
  • Available with fixed and adjustable rate options.
  • Eligible properties include Single Family Residences and approved Planned Unit Developments (PUDs) and Condos.

 

A Few Extras

A Few Extras

  • To be eligible, only one mortgage late payment in the last 12 months and zero late payments in the most recent 6 months are allowed.
  • Want to tie things up quickly? Pay off your mortgage at any time without prepayment penalties.