Saturday, September 19, 2009

FHA Mortgage Refinance using FHA Loan Program

FHA Mortgage Refinance using FHA Loan Program
...............................................................................
FHA refinancing offers benefits for current real estate home owners who are seeking to complete a refinance mortgage of their existing real estate mortgage (s). A FHA home loan refinance may also benefit you even if you do not currently have a FHA loan.

Some advantages of using a FHA mortgage for your mortgage refinance are as follows:

Cash-Out Refinance up to 85% for existing or new FHA mortgages.
  • Cash-Out up to 85% of your properties value.
  • Consolidate first and second mortgages into single loan.
  • Bill consolidation programs.
  • Easier credit and income qualifications.
  • FHA  regulated closing costs.
Rate and Term Mortgage Refinancing up to 96.5% of your homes value.
  • Consolidate first and second mortgages* into a single loan.
  • No FICO score ok or min. 620 credit score.
  • Competitive rates for borrowers with a Bankruptcy older than two years.
  • Competitive rates for borrowers with a Foreclosure older than three years.
  • Easier credit and income qualifications.
  • FHA regulated closing costs.
FHA Streamline Refinance for existing FHA loans only.
  • No Cost Interest Rate Reductions programs.
  • No Income or Credit Qualifications*.
  • Zero cost refinance options available.
  • Easily switch amortization for adjustable to fixed or vice versa.
  • Easily shorten or lengthen term of your existing loan.
  • Easier credit and income qualifications.
FHASecure Refinance with current mortgage lates.
  • Refinance your mortgage at competitive rates even if you have a mortgage late on your credit that is directly due to adjusting mortgage.
  • Qualify for refinance even if currently in foreclosure
Seniors Refinance Your Mortgages with a FHA reverse mortgage and Eliminate Your Mortgage Payments
  • If you are over 62 years old, you maybe able to refinance your existing mortgages and rid yourself of monthly mortgage payments.
Give RE/MAX Star Realty a call and we will put you in touch with a Direct Lender (Citibank, Wellsfargo, Bank of America, Chase ... etc.)  Make sure that you do not work with a Mortgage Broker!  Call us today and receive a customized property search & a referral to a lender to help pre-qualify you.  310.928.3001  www.REMAXStarRealty.com

No comments:

Post a Comment