USDA Home Loan Refinancing

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.

Benefits Of A USDA Streamline Refinance

  • No home appraisal in most cases
  • No credit review required; mortgage must be current for the previous 12 months
  • Low private mortgage insurance premiums (PMI)

Streamline Eligibility

  • Must have made at least 12 consecutive, timely monthly payments on the current USDA loan.
  • New loan amount cannot exceed original loan amount.
  • Refinance must result in at least a $50 reduction in monthly payments.
  • No cash out permitted.

Standard USDA Refinance

If you want to change your rate and term on an existing USDA loan, a standard USDA refinance may be right for you.

In a sea of online lenders AmeriSave stands out.

16

Years Experience

49

States Licensed

$47+

Billion Funded

200,000

Homes Financed

Why Choose Amerisave
©2002-2022 AmeriSave Mortgage Corporation® All Rights Reserved.
Communication Consent: By clicking the button, you are providing express consent for AmeriSave to call you (including through automated means; e.g. autodialing, text and pre-recorded messaging) via telephone, mobile device (including SMS and MMS) and/or email, even if your telephone number is currently listed on any internal, corporate, state, federal or national Do-Not-Call (DNC) list. You understand that you are not required to give consent as a condition of purchasing any goods or services.