FHA refinance mortgage insurance: old FHA loans can have special premium treatment.
The new FHA loan generally has upfront and annual mortgage insurance, but the exact premium treatment can depend on loan term, LTV, base loan amount and—on certain older FHA-to-FHA refinances—the endorsement date of the existing mortgage.
Standard UFMIP
HUD's current forward-mortgage premium guidance lists 1.75% UFMIP for purchase/refinance and for standard Streamline Refinance transactions.
Older FHA loans
HUD currently provides special premium treatment for qualifying Streamline or Simple Refinances of FHA mortgages endorsed on or before May 31, 2009: current HUD guidance lists 0.01% UFMIP and 0.55% annual MIP for those qualifying refinances.
Annual MIP
For other FHA refinances, annual MIP depends on the current FHA premium table, including loan term, base loan amount and LTV. Mortgage Navigator's main FHA guide explains the current forward MIP structure.
Official FHA policy baseline
Primary source: HUD/FHA Single Family Housing Policy Handbook 4000.1, Update 18, revised August 12, 2026. FHA identifies Cash-Out, Rate and Term, Simple and Streamline as refinance types. Section 203(k) rehabilitation refinances remain in Mortgage Navigator's separate future renovation-loan section.