Yes, the FHA streamline refinance requires closing costs just like any other loan. Closing costs are comprised of fees from various people involved with your loan. They include fees for things like loan origination, underwriting, processing, and title insurance. These costs can range from $1,500 to $4,000 depending on the lender and loan amount being refinanced. Your upfront mortgage insurance premium payment, however, can be rolled into your loan. Lenders will sometimes waive closing costs in order to get you as a client so be sure to shop around for lenders.