Refinance your FHA Mortgage regardles...

Refinance your FHA Mortgage regardless of your appraised value or loan amount.

There are 4 comments on the Examiner.com story from May 20, 2012, titled Refinance your FHA Mortgage regardless of your appraised value or loan amount.. In it, Examiner.com reports that:

The Federal government has recently changed its guidelines on refinancing. Homeowners who are "underwater" in regards to value in their homes can now also take advantage some of the lowest rates in 60 years , regardless of your appraised value or loan amount .

Join the discussion below, or Read more at Examiner.com.

John

Ardmore, PA

#1 May 22, 2012
First Choice Lending is helping me refinance my underwater mortgage. www.firstchoicemoney.com
Lori Hiscock

Paducah, KY

#2 Jun 4, 2012
While FHA did improve the FHA streamline refinance costs and guidelines recently (effective in June 2012), they also increased the FHA upfront mortgage insurance costs for home buyers. This change can be a win for the existing FHA homebuyer, certainly, but the countering negative impact of home buyers is significant and, frankly, the homebuyers are more important to the economy right now. We need people to be purchasing new homes, not just saving a little money on one they already own. If FHA really wants to help the economy and themselves, I believe that they need to stop pricing themselves out of the market and let homebuyers purchase houses without such high upfront and monthly costs.

Lori Hiscock
Loan Officer
South Bend, IN
www.SouthBendHomeLoan.com

Since: Jun 12

Kolkata, India

#3 Jun 26, 2012
FHA have recently revealed modified mortgage plans for this session,s where good thing is that mortgage rates are lowered while their is hike in refinance rates.

Since: Jun 12

Kolkata, India

#4 Jun 26, 2012
FHA have recently revealed modified mortgage plans for this session, where good thing is that mortgage rates are lowered while their is hike in refinance rates.

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