{"id":4267,"date":"2022-02-14T11:46:46","date_gmt":"2022-02-14T11:46:46","guid":{"rendered":"https:\/\/fhalenders.com\/?p=4267"},"modified":"2023-08-24T06:53:11","modified_gmt":"2023-08-24T10:53:11","slug":"fha-streamline-refinance-closing-costs","status":"publish","type":"post","link":"https:\/\/fhalenders.com\/fha-streamline-refinance-closing-costs\/","title":{"rendered":"FHA Streamline Refinance Closing Costs"},"content":{"rendered":"

FHA Streamline Refinance Closing Costs<\/strong><\/span><\/h1>\n

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When interest rates are low, refinancing to get a lower rate and payment is something many homeowners will strive for. FHA streamline refinances allow you to do that without an appraisal or income documentation.<\/span><\/p>\n

With most mortgage programs, you can include the closing costs in your new loan without having to bring a check to the closing table. However, FHA guidelines do not permit FHA streamline refinance closing costs to be included in the new loan amount.<\/span><\/p>\n

FHA Streamline Refinance Closing Costs<\/strong><\/span><\/h2>\n

FHA streamline refinance closing costs will average anywhere from 2-3% of the loan amount. With the exception of the net FHA mortgage insurance premium, your closing costs must be paid out of pocket.<\/span><\/p>\n

These are some of the larger standard FHA closing costs that you should be prepared to pay. You will notice there is no appraisal fee because that is not required for an FHA streamline refinance:<\/span><\/p>\n