So, the combined 108,034,390 people in these two nations was about 1,596,610 less than 109,631,000 collecting welfare in the United States. It may be more telling, however, to compare the 109,631,000 Americans taking federal welfare benefits at the end of 2012 to Americans categorized by other characteristics.
No Appraisal Required. Even if you owe more on your mortgage than your home is worth, an FHA streamline refinance is an option as long as you find a lender who does not require an appraisal. However, that can be a challenge, even though the FHA says an appraisal is not needed.
Save money with an FHA refinance loan. There are three different kinds of Federal Housing Administration refinancing loans, and the qualification requirements vary depending on what option you pursue. You may qualify for an FHA streamline refinance, a cash-out FHA refinance or an FHA replacement loan.The first two options require an existing FHA loan, while the latter requires an existing conventional (non-FHA) loan. Some requirements are the same regardless of which type of FHA refinance you pursue.HA Replacement Loan. If you have an existing conventional mortgage loan, you may be able to qualify for an FHA replacement loan. The credit, down payment and income requirements for an FHA replacement loan are the same as for a cash-out FHA refinance.