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FHA REFINANCE : LOWER YOUR PAYMENTS
Whether you need money to consolidate high interest credit card debt, pay for
college tuition, buy a new car, or make home improvements to your home, we
can find a way to get you the cash you need through a refinance with an FHA Loan.
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A refinance transaction involves repayment of your current real estate debt from the
proceeds of your new FHA mortgage that has the same borrower(s) using the same property.
This is called a "Cash Out" Refinance.
Cash Out Refinances are used for homes that are used as a principal residence by its
owner. That owner can refinance for up to 85% of the appraised value plus most closing
costs if the property has been owned at least one year. If you've owned your home for
less than a year, you're still not disqualified. A different set of calculations will apply.
In any event, your home must have sufficient equity to qualify for the loan.
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Now is the time for an
FHA HOME LOAN
FHALoan.com is a private mortgage company specializing in fha home loans and is not associated with the federal government or HUD / FHA.
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FHA Foreclosed Homes
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