FHA Streamline
What is FHA's Net Tangible Benefit requirement?
HUD requires that an FHA Streamline actually benefit you financially — not just generate a new loan for its own sake.
FHA's Net Tangible Benefit (NTB) rule is meant to prevent refinances that don't actually help the homeowner. Depending on your loan type, this is generally evaluated by comparing your current interest rate to the proposed new rate. The specific thresholds can change and depend on whether your current or new loan is fixed-rate or adjustable-rate, so your loan originator will confirm whether a specific scenario meets the current requirement.
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