ga: hi: ia: id: il: in: ks: la: ma: md: mi: mn: mo: nc: ne: nj: nm: nv: ny: oh: ok: or: pa: ri: sc: tn: tx: ut: va: wa: wi: wv
I would say that it should take around 30 days for the FHA streamline refinance. Since you have all your information together from the last lender you should be able to easily give that information to another lender if you wish to do so. [self promotion deleted by Zillow moderator.
The general rule of thumb is that you don't refinance unless you can save at least a full percentage point off your current mortgage rate. But the real question is how long it will take for your savings from refinancing to exceed your closing costs. Suppose you owe $250,000 on a mortgage at 4.5 percent.