What are Mortgagees required to do when doing a Streamline Refinance on a property serviced by a public water system with unacceptable levels of contaminants?
Streamline Refinances do not require determination of compliance with HUD’s Minimum Property Requirements/HUD’s Minimum Property Standards.
HUD Policy Determination
All policy information contained in this knowledge base article is based upon the referenced HUD policy document. Any lending or insuring decisions should adhere to the specific information contained in that underlying policy document.