A USDA Streamlined Refinance is a simplified refinance program that often doesn’t require a home appraisal. It’s a good option for simple rate-term refinances on existing USDA loans. The Streamlined Refinance loan usually requires a credit check and income verification. To skip those steps u003cemu003eandu003c/emu003e the home appraisal, ask your lenders about the USDA’s Streamlined-Assist Refinance program.