FHA Refinancing - Good or Bad?

By Homeowner from USA

Dear Kate, You say that FHA refinancing is a good thing because it requires very little equity in a home. I just checked with my lender who told me FHA changed their loan-to-value requirement to 85% from 96.5%.

Is that true? If it is, it is barely more helpful than a conventional loan LTV. It really doesn't help at all.

Kate Answers: FHA Refinancing - Good or Bad?

Dear Homeowner,

Thank you for contacting Get-Your-Best-Mortgage-Rate.com with this dilemma. I've got good news. It's time for the FHA guessing game to end.

Your question inspired me to write this page FHA Loan Requirements - The Biggest Mistake People Make to answer your question. I hope you find it helpful.

Please feel free to come back to my website again and again in the future. Good luck with your FHA home loan and please let me know if you have any other questions.

Best Wishes,

Ask Kate how to get the best mortgage rates
Kate Ford aka Super Kate at Get-Your-Best-Mortgage-Rate.com

P.S. Go to my Best Mortgage Rate Blog, an entertaining source of mortgage information. Subscribe now to the RSS feed.

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