FHA Loan Refinancing
Now that you have been enjoying home ownership for some time through an FHA loan, you may be noticing that interest rates have dropped significantly. Perhaps your personal financial situation has improved. This may be the time to consider refinancing your mortagage. Good news! The FHA facilitates refinancing with credit scores between 550 and 580 with 10 % equity.
FHA Refinance Advantages vs Conventional Refinancing
Compared to conventional loans, FHA loans have some surprising benefits. Not only are they normally lower-priced, but they also leave room for flexibility on credit scores and debt-t0-income ratio. A mortgage professional can set you on the road to advantageous refinancing through FHA.
Find out if I qualify for FHA Refinancing!
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