Is FHA Streamline Refinancing Available for Manufactured Homes?

FHA Streamline Refinancing for Manufactured Homes

If you already have an FHA loan on a manufactured home, can you refinance it using the FHA Streamline Refinance program? In most cases, the answer is yes. However, you will still be bound by the regular restrictions of FHA Streamline Refinancing. This means that you must be able to achieve a net tangible benefit from the refinancing transaction in order to qualify.

For example, if you’re refinancing from a fixed-rate loan to another fixed rate loan, the combined interest rate must drop at least 0.5%. In contrast, if you’re refinancing from a fixed-rate loan to an ARM, the combined interest rate (interest rate plus MIP) must drop at least 2% in order for you to qualify.


If you’d like to learn more, simply fill out the form below and a friendly FHA Streamline Refinance specialist will get in touch!