Is doing a streamline FHA refinance worth it?I have an FHA 30 yr loan taken out in April 2011 with an iterest rate of 4.75% fixed of which the principle is $223,222. My monthly total payment is currently 1658.33 broken out as:P&I: 1,179.54Tax: 290.00Insurance: 22.06MIP: 166.73I have talked to one lender and he said he can do 3.75% Fixed 30-yr Streamline FHA with no closing costs or fees - just an increase in the Upfront MIP of around $890 added to the principle. He said my montly payment would be around $92 lower than current. Seems like a good deal to me - but am I missing any hidden fees or costs? Will my current lender charge me fees to get out of their loan? He also mentioned that I should get in before April 1st when there's an increase in MIP rate (but I read online that's just for new, not refi). I am in TN. Thanks for any help or advice! March 14 2012 - Nashville00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.