Most homeowners know that an FHA Streamline Refinance can lower their rate and payment with minimal documentation and no appraisal. What many people don’t realize is that this same program is available for investment properties — as long as the existing mortgage is FHA-insured.

If you originally bought a home with FHA financing and later converted it to a rental, you may still be eligible to refinance it under the FHA Streamline program. Here’s what you need to know. [Read more…]