FHA Short Refinances
Updated Oct. 9, 2013
What do you do when you owe more than your house is worth? Here is how to take advantage of the currently great rates!. FHA has a program for "short refinances" the perameters are below.. - Minimum 620 FICO- The existing lien holder agrees to lower the payoff allowing your borrower to refi into a new FHA rate/term...