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Answers (3)
- Christine Hynes, "LoanModSpecialist"
- Contributions:543
With the value of homes falling many people can not refinance into an FHA loan because there is not enough equity in the home. We are finding that those that do not qualify for a refinance may consider a loan modification. The loan modification is much cheaper then the fees for a refinance and produce the same results. I have worked with [content removed by moderator for being self promotional] as they are Attorney Back Loan Modification Company and offer 100% gaurantee for the modifications.
- Tony Croft, "tonycroft"
- Contributions:5
FHA home loans allow first time home buyers and current home owners to buy a home with less than 3.5% down or FHA home mortgage refinance up to 96.5% of the homes value.
FHA home loans will also allow borrowers with less than perfect to qualify for a loan. Check out [content removed by moderator for being self promotional]
FHA home loans will also allow borrowers with less than perfect to qualify for a loan. Check out [content removed by moderator for being self promotional]
- Joseph Sullivan, "jdsullivan"
- Contributions:1
FHA loans have been helping people become homeowners since 1934. The Federal Housing Administration (FHA) – which is part of HUD – insures the loan, so your lender can offer you a better deal.
- Low down payments
- Low closing costs
- Easy credit qualifying
what is a FHA loan, what if I want to refinance my home could I get FHA loan?
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