<prompt> Human: I havent considered refinancing my current loan 5.5PMI since Ive only had it for 2.5 years. I didnt think it would be worth it. However, my broker says that I can do a streamlined FHA refi and get it to 3.25 without an appraisal or upfront costs. Seems like I could save 165mo, with an option to remove my PMI after 5 years.What am I missing here? It seems too simple. Could I possibly shop elsewhere and do better than this? What should I be wary about? Any help would be greatly appreciated.  <response>: I just went through this, and paid only 100 out of pocket. Steamline refi does not allow feesclosing costs to be rolled into loan.I suggest you read about how streamline FHA refinances work.. Since FHA is an insurer of loans, its in their best interest to do this, since lower payments usually means lower chance of defaulting. 