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I have an FHA loan refinanced last year can i qualify?

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April 14 2009 - Tulsa
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Jerry, your profile says "Loan Modification specialist (20 years experience)"

Have they had loan modifications for 20 years???  How can you have 20 years experience in a field that has not existed this long?
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April 15 2009

The first portion covers modifications for if they are behind and have a hardship.

The other portion which covers refinancing is for Freddie and Fannie loans only.

David, you should check into a FHA streamline.  Best of luck.

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April 15 2009

Jerry, why would they have their loan modified?  This program does not cover FHA loans......only Fannie and Freddie loans.

And, they may qualify for a FHA streamline with no appraisal.

Its not better than refinancing if you do not qualify for the program at all.  Why such bad advice?

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April 15 2009
You should check out http://www.MakingHomeAffordable.com

You should be able to have your loan modified through this government program.  The loan modification shouldn't cost you any money; much better solution then refinancing.
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April 15 2009
As long as you haven't missed any mortgage payments you're good to go.
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April 14 2009
 
Related Questions
after modification is made how long do lender have till they raise payments/ rates on loans & escrow
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I have an FHA loan refinanced last year can i qualify?
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