A simplified refinance for borrowers who already have an FHA-insured loan, designed to reduce documentation and speed up an eligible refinance.
The FHA Streamline Refinance lets eligible borrowers refinance an existing FHA-insured mortgage with a simplified process. It is a refinance-only product and generally is not designed for taking cash out. The existing loan must be FHA-insured.
Refinance of an existing FHA-insured loan only.
Streamlined documentation; appraisal and income verification may be reduced or not required depending on the loan type, subject to FHA rules and lender requirements.
Net tangible benefit, payment history and seasoning requirements apply.
FHA mortgage insurance premiums apply.
A simpler path for existing FHA borrowers who want to improve their loan structure.
Can help move from an adjustable to a fixed structure, subject to eligibility.
Review eligibility and property requirements with a loan officer. Subject to underwriting and FHA guidelines.
Quick answer: The FHA Streamline Refinance is a simplified refinance for borrowers who already have an FHA-insured loan. It is refinance-only, typically involves reduced documentation, and must meet FHA net tangible benefit, payment history and seasoning requirements. Subject to underwriting and FHA guidelines. Last reviewed: November 2026.