FHA Short Refinance. If you are current on your mortgage, but owe more than your home is worth FHA Short refinance may be an option that your mortgage servicer will consider. FHA Short Refinancea was designed to help homeowners refinance into more affordable, more stable FHA-insured mortgage. If your current lender agrees to participate in this refinance, they will be required to reduce the amount you owe on your first mortgage to no more than 97.75% of your home's current value.
For Eligibility and Progam Availability see Posted below website.
Posted: http://www.makinghomeaffordable.gov/programs/lower-rates/Pages/short-refinance.aspx
For a free loan modification consultation go to http://www.jdssaysyes.com
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment