can you have 1st mort and 2nd lien on home and still qualify for a FHA loan?My home is worth 220k, i have a first mortgage of 196k and a 18k equity line of credit on the home.... can i qualify to refinance via FHA loan? My current rate is 8.88% variable and i want to take advantage of the really low rates so i can pay less monthly..July 08 2010 - Beaverton00YesReport 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.