Homeowners with an existing USDA mortgage may be eligible to refinance their USDA loan. Refinancing your loan could lower your rate or change your loan term.
USDA Streamline Refinance
If the interest rate on your existing USDA mortgage is higher than the current rate, refinancing your loan may be an option. In order to participate in the USDA Streamline Assist refinance you must be current on your mortgage payments and use the property as your primary residence.