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Is there a way to refinance to a lower interest rate when the new appraisal comes in lower then owed

  • September 13 2011 - US
  • 0Yes

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Answers (1)

There are a few programs that may be able to help.  They are mostly designed for homeowners in hardship situations, but if you have an FHA mortgage and you are current on all your payments, you may qualify for a one time Streamline Home Loan.  It will lower your rate. 
Contact a good, trustworthly lender that is familiar with FHA Streamline.  You should be ok.
Good Luck!
  • September 13 2011
  • 0Yes

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