Refinancing Your USDA Home Loan, Simply.
The USDA Streamlined-Assist Refinance helps current USDA homeowners refinance with reduced documentation and, in most cases, no new appraisal.*
A simpler rural refinance.
If the address qualifies, the rest gets simpler.
- Streamlined documentation, usually no new appraisal
- Low-down-payment options for qualified buyers*
- For homeowners who already have a USDA loan
- Purchase or refinance owner-occupied primary homes in eligible areas*
- Purchase and rate and term refinance, with low-down-payment options*
- Rural housing financing carries an annual guarantee fee rather than cancellable mortgage insurance*
Refinance your existing USDA loan balance*
Refinance only, no cash out
Owner-occupied primary residence in an eligible area
Streamlined documentation, usually no new appraisal
Lower your rate and monthly payment
Fixed rate financing
What is the Saxton USDA Streamlined-Assist Refinance?
A USDA-guaranteed home loan from the U.S. Department of Agriculture
The Saxton USDA Streamlined-Assist Refinance is a full-featured mortgage that is a simplified refinance for homeowners who already have a USDA loan, with reduced paperwork and, in most cases, no new appraisal.
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 USDA loan you already have into a lower rate, on the owner-occupied primary residence you live in, in an eligible rural area.*
Why choose the Saxton USDA Streamlined-Assist Refinance?
Built for homeowners who already have a USDA loan.
Current USDA Borrowers
You must already have a USDA loan to use this refinance.*
Reduced Paperwork
A streamlined path with less documentation.
Move-Up & Repeat Buyers
Improve the USDA loan you already have.
A Simpler Refinance
Far less paperwork than a standard refinance, with no cash back to you.
Rural Homeowners
Keep your USDA financing working for you.*
Fixed Rate Only
USDA financing is fixed rate, so the payment does not move.
Hear From Homeowners Like You
Frequently Asked Questions
The questions we get asked most about the USDA Streamlined-Assist Refinance.
The Streamlined-Assist is for existing USDA borrowers in eligible areas.
A simplified refinance for homeowners who already hold a USDA loan. Because the government already guarantees the loan, the process typically involves less documentation than a standard refinance. Eligibility rules cover your payment history and how long you have held the current loan.
You can use it to refinance the USDA loan you already have. This is a streamline refinance, so it does not cover a purchase and it does not permit cash out.
The Streamlined-Assist path is designed to be low-documentation for current USDA borrowers, so credit review is generally lighter than a standard refinance. Requirements still vary by investor, and your payment history on the existing USDA loan matters. A loan officer can confirm what applies to your file.
A standard USDA refinance follows fuller documentation and underwriting. The Streamlined-Assist path is built for existing USDA borrowers and generally asks for less paperwork, with no cash out permitted. Which one fits depends on your goal and how long you have held the loan.
Yes. This program is fixed rate, so the payment does not move.
No. This is a streamline refinance and cash out is not permitted.*
Often not. Because USDA already guarantees the existing loan, many Streamlined-Assist files proceed without a new appraisal. Whether one is required depends on the specific program path and your file, so ask your loan officer which applies before you start.
USDA sets a seasoning period, meaning a length of time you must have held and paid the current loan before refinancing. Your payment history over that period also matters. Because these rules change, have your loan officer confirm the current requirement for your file.
Find out what you qualify for
Whether you’re lowering your rate or your payment, there’s likely a Saxton USDA Streamlined-Assist Refinance program that fits. Get a fast, no-obligation pre-qualification today.
Get Pre-Qualified*Loan amounts, rates, terms, and down payment requirements are subject to credit approval, income and asset verification, and program eligibility. USDA Streamlined-Assist terms are set by the U.S. Department of Agriculture. 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.