FHA Streamline Refinance
The simplest way for existing FHA borrowers to lower their rate — minimal paperwork and no appraisal required.
Overview
The FHA Streamline Refinance is a simplified program available to existing FHA borrowers. It allows a rate-and-term refinance with significantly reduced documentation — often no appraisal, no income verification, and no credit qualifying. The goal is to make it easy for FHA borrowers to take advantage of lower rates with minimal friction.
Who Is This For?
- Current FHA loan holders who want a lower rate
- FHA borrowers who want to reduce their MIP
- Borrowers seeking a simple, low-documentation refinance
- Anyone with an existing FHA loan in good standing
Recommended Programs
Loan programs that fit this buying scenario.
The Buying Process
What to expect from pre-approval to closing.
Confirm Eligibility
Must have at least 6 months of on-time payments on your current FHA loan.
Lock a Lower Rate
No appraisal needed — we lock your new rate quickly.
Close & Save
Streamlined closing with minimal paperwork.
Frequently Asked Questions
FHA requires that the streamline must provide a net tangible benefit — typically a combined rate + MIP reduction of at least 5% of the payment, or switching from ARM to fixed.