FHA Streamline Refinancing 30-year to 15-year

Can You Use an FHA Streamline Refinance to Refinance a 30-Year Loan to a 15-Year Loan?

Can You Use an FHA Streamline Refinance to Refinance a 30-Year Loan to a 15-Year Loan?

If you currently have a 30-year FHA mortgage, can you use the FHA Streamline Refinance program to refinance into a 15-year mortgage loan? The answer is no. Unfortunately, the Streamline Refinance program only permits borrowers to refinance into a loan that is the same term or a longer term.