Streamline Check checklist
Questions to ask a lender
Rule check
Ask lenders to show how the new loan meets each streamline rule, in writing.
Last reviewed against the primary sources listed below.
Eligibility
- Does my loan meet the seasoning rule?
- Which months of payment history do you check?
Benefit
- How does this loan meet the net tangible benefit test?
- What is my new payment including mortgage insurance?
Costs
- Which costs are paid in cash, and which are covered by credits?
- Do you require an appraisal or credit check?
How to use the answers
Use the seasoning checker to confirm the timing before you apply.