what are the benefits of usda streamlined refinancing 
streamlined refinancing offers a hassle free way to refinance a usda mortgage the main benefit is lower loan payments the bottom linethe usda streamlined refinancing option can help borrowers save money by refinancing their usda mortgage loan the streamlined program offers options for low to moderate income families located in mostly rural areas borrowers can also save on fees since a new appraisal or home inspection is not required however the borrower must have made on time payments for the last 12 consecutive payments and the refinancing must result in at least 50 per month in savings 