Can You Refi An FHA Loan? Absolutely, in fact you do not even need to show income or employment to streamline or refinance an fha loan. You do not even need an appraisal to do the fha refinance as well. If you have an fha loan and are current and your rate is over 6.5% your should seriously consider doing an fha loan. Call toll free 1-888-368-6668 for more information.