Refinance Your FHA Loan, the Simple Way.
Already have an FHA loan? The Streamline Refinance means less paperwork and, in many cases, no new appraisal.*
A refinance made simple.
You already qualified once. This is the shorter version.
- Streamlined documentation, usually no new appraisal
- Low-down-payment options for qualified buyers*
- For homeowners who already have an FHA loan
- Refinance the FHA loan you already have*
- Purchase and rate and term refinance, with low-down-payment options*
- FHA mortgage insurance applies, and how long it stays depends on your loan*
Refinance your existing FHA loan balance*
Refinance only, no cash out
Not limited to your own home
Streamlined documentation, usually no new appraisal
Lower your rate or move to a fixed rate
Fixed-rate and adjustable-rate (ARM) options
What is the Saxton FHA Streamline Refinance?
A government-insured home loan from the Federal Housing Administration
The Saxton FHA Streamline Refinance is a full-featured mortgage that is a simplified refinance for homeowners who already have an FHA loan, with less paperwork, often no new appraisal, with a required net tangible benefit.
Qualify with the streamlined documentation these refinances allow. In most cases there is no new appraisal and no new income verification.
Use it to refinance the FHA loan you already have into a lower rate, with no cash out. A home you live in is the common case, and on at least one program an investment property or a HUD-approved second home is eligible too.*
Why choose the Saxton FHA Streamline Refinance?
Built for homeowners who already have an FHA loan.
Current FHA Borrowers
You must already have an FHA-insured loan to use the Streamline.*
Less Paperwork
A streamlined process with reduced documentation.
Move-Up & Repeat Buyers
Improve the FHA loan you already have.
No Cash Back
The streamline exists to improve your rate, not to hand you a check.
Often No Appraisal
In many cases, no new appraisal is required.*
The Payment Must Improve
FHA requires the refinance to produce a real benefit for you, not just a new loan.
Hear From Homeowners Like You
Frequently Asked Questions
The questions we get asked most about the FHA Streamline Refinance.
The FHA Streamline is for existing FHA borrowers; a new appraisal is often not required.
Yes. FHA loans are a popular choice for first-time buyers, thanks to flexible credit guidelines and low-down-payment options.*
You can use it to refinance the loan you already have. This is a streamline refinance, so it does not cover a purchase and it does not permit cash out.
The FHA Streamline is designed to be low-documentation for current FHA borrowers.
What you bring to closing is cash for closing costs, prepaid taxes and insurance, and any escrow funding. Some of that can often be rolled into the new loan rather than brought to the table. Your loan officer can give you a working figure once the file is started.*
Yes. Fixed-rate and adjustable-rate (ARM) options are available on eligible programs.
No. An FHA streamline refinance does not permit cash out. An FHA cash-out refinance is a separate product.*
Find out what you qualify for
Whether you’re lowering your rate or your payment, there’s likely a Saxton FHA Streamline Refinance program that fits. Get a fast, no-obligation pre-qualification today.
Get Pre-Qualified- U.S. Department of Housing and Urban Development, FHA and housing resources
- U.S. Department of Housing and Urban Development, FHA mortgage insurance premiums
*Loan amounts, rates, terms, and down payment requirements are subject to credit approval, income and asset verification, and program eligibility. FHA guidelines apply; available to existing FHA borrowers. Down payment and cash-out limits vary by occupancy, credit score, and documentation type. Not all applicants will qualify. Saxton Mortgage, LLC is an Equal Housing Lender.