Selling my fha home, ok o want allll the money i get for a new home. Do i have to pay fha off first?

Of course.. your equity is the difference between what you owe and what the home sells for.. so if you owe $100K, and you sell it for $150K, then you have $50K equity.. you do not get a check for $150K... .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

FHA only insures the loan, they do not originate mortgages. The lender that owns your mortgage will have to be paid out of the proceeds of the sale. Remember, you do not own the home until it's paid for. You can only profit above and beyond what you currently owe on the home. The short answer is yes, you have to pay your mortgage.

Your FHA insured loan will be paid off at closing, and you will receive all your proceeds at that time.

FHA loan will be paid off at close of escrow

Yes, it is in your best interest to pay your mortgage off first. You are valuable also, choose this option for your best interest.

yes

You would have to payoff your current mortgage, if you wanted to use the proceeds to purchase your new home.