I have an FHA loan. Should I refinanaceI am at 4.5% / 5.4apr. Its a newly built home. I have been in it for 2 yrs. The value of the home is around 350K. I owe 330K. Would it benifit me to refinance to a lower interest rate. Or is it even possible. Can I refinance with another loan type instead of FHA.November 02 2012 - Tracy00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.