REFINANCING YOUR HOME WITH AN FHA MORTGAGE Flexible Requirements and Low Rates! The Federal Housing Administration provides structured, yet flexible, refinancing options for homeowners. Though the requirements are more lenient than most traditional banking and financing institutions, FHA does require that clients meet certain requirements in order to qualify for a FHA refinance option. Rate and Term Refinance Cash Out Refinance Mortgage Low Purchase Down Payment Gift money is allowed. Typically, a minimum FICO score of 620 is required, though there are additional factors that apply. FHA tends to look at the whole credit profile and the borrower’s ability to repay the loan. FHA is also more forgiving of credit problems in the borrower’s past. What can an FHA Mortgage Refinancing Mortgage Do For You? The FHA Refinancing Loan helps home owners with or without a FHA home loan who may use the FHA Refinancing Loan to help reduce their payments with lower interest rates. No Initial Credit Check and No Obligation--Free Quote We're a trusted mortgage source as specialists in home mortgages for two decades! We win customer trust by always "going the extra mile" to earn your business. Invest 90 seconds in our short loan request form. You'll be glad you did! |
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