To qualify for a KHC refinancing option, you must contact an approved lender and meet the requirements below:
FHA Streamline Non-Credit Qualifying and Credit Qualifying Refinance
- 620 minimum credit score.
- No appraisal required.
- Maximum LTV 97.75 percent (No maximum CLTV).
- 30-year term.
- FHA existing loan.
FHA Simple Refinance
- 620 minimum credit score.
- Appraisal required.
- Maximum LTV/CLTV 97.75 percent (97.75 percent CLTV).
- 30-year term.
- FHA existing loan.
FHA Rate/Term Refinance
- 620 minimum credit score.
- Appraisal required.
- Maximum LTV/CLTV 97.75 percent (97.75 percent CLTV).
- 30-year term.
- Conventional, RHS, VA, or FHA existing loans.
RHS Streamlined-Assist Refinance Program
- 620 minimum credit score
- No appraisal required
- Must have made timely mortgage payments for the last 12 months
- 30-year term
- RHS existing 502 guaranteed loan
VA IRRRL
- 620 minimum credit score
- No appraisal required
- 30-year term
- VA existing loan