Lower your rate, shorten the term of your loan, or take cash out from the equity in your property with a FHA Refinance
To refinance an existing FHA loan with a no appraisal loan, you may be interested in a FHA Streamline Refinance Loan.
If you are looking to remove Mortgage Insurance, consider a Conventional Refinance. No MI is required on LTVs below 80%. Additionally, If the LTV on your loan is 80% or higher when your loan closes, your MI can be cancelled once it drops below 80%.