refinance and save with chfa! Page Image Image Caption Page Content Whether you are currently a CHFA customer or are looking to refinance a non-CHFA mortgage, our three refinance programs* could help you to: Reduce your monthly mortgage payment, Reduce or eliminate your mortgage insurance, and/or Pay off a purchase money second mortgage loan.** conventional refinance programs CHFA has two conventional refinance programs, both of which enable refinances up to 97 percent loan-to-value (LTV). In addition, you may: Get rid of your mortgage insurance, either by having enough equity or using the CHFA Advantagesm Refinance; and/or Lower your interest rate. government refinance program If you have an existing FHA loan through CHFA, you can refinance via an FHA Streamline Refinance to lower your monthly payment. And with CHFA's Borrower Premium program, you may get help with closing costs. *No cash-out refinances allowed.**Restrictions apply. contact a chfa participating lender Contact a CHFA Participating Lender to learn which refinance program meets your needs.