Sunday, September 5, 2010

News Feed Comments | Email David | Call David at (503)816-6350
You are here: Home / Loan Types / FHA / FHA for Refinance

FHA for Refinance


FHA refinancing offers benefits for current real estate home owners who are seeking to complete a refinance mortgage of their existing real estate mortgage (s). A FHA home loan refinance may also benefit you even if you do not currently have a FHA loan.

Some advantages of using a FHA mortgage for your mortgage refinance are as follows:

  • Cash-Out Refinance up to 85% for existing or new FHA mortgages.
  • Cash-Out up to 85% of your properties value.
  • Consolidate first and second mortgages into single loan.
  • Bill consolidation programs.
  • Easier credit and income qualifications.
  • FHA  regulated closing costs.
  • Rate and Term Mortgage Refinancing up to 96.5% of your homes value.
  • Consolidate first and second mortgages* into a single loan.
  • No FICO score ok or min. 620 credit score.
  • Competitive rates for borrowers with a Bankruptcy older than two years.
  • Competitive rates for borrowers with a Foreclosure older than three years.
  • Easier credit and income qualifications.
  • FHA regulated closing costs.
  • FHA Streamline Refinance for existing FHA loans only.
  • No Cost Interest Rate Reductions programs.
  • No Income or Credit Qualifications*.
  • Zero cost refinance options available.
  • Easily switch amortization for adjustable to fixed or vice versa.
  • Easily shorten or lengthen term of your existing loan.
  • Easier credit and income qualifications.
  • FHASecure Refinance with current mortgage lates.
  • Refinance your mortgage at competitive rates even if you have a mortgage late on your credit that is directly due to adjusting mortgage.
  • Qualify for refinance even if currently in foreclosure.
  • Complete details of FHASecure loan.
  • Seniors Refinance Your Mortgages with a FHA reverse mortgage and Eliminate Your Mortgage Payments
  • If you are over 62 years old, you maybe able to refinance your existing mortgages and rid yourself of monthly mortgage payments.
  • View current FHA reverse mortgage refinance guidelines.

Mortgage refinancing with a FHA loan is easy and advantageous for most homeowners. If you currently own a home and would like to discover your refinance options, please contact us.

  • Share/Bookmark