Can I refi a FHA Loan without being a primary resident of the property? by gilgra_857_276 from Snohomish, Washington. Feb 14th 2012
Dennis Tyler (thetylerteam@cobaltmortgage.com)
Yes you can. Call me at 425.988.2560 and I'll go over it with you. Dennis
William J Acres (William_Acres)
Yes... but it depends on what the use of the property is.. if it's a rental , then you apply as investor owned, you will have to come in with at least one month's interest plus a little more.. if you co signed for someone else who still lives in the property, you can do a zero cash out of pocket refinance. Contact a local mortgage broker, not a bank and apply with them... they can look at your complete profile and find the right lender for your scenario.. WilliamAcres.com
Timothy Gray (INSISTonTIM)
You may refinance your FHA loan if it is no longer your primary residence. You may be able to streamline the refinance to minimize documentation that requires no appraisal- saving you money and time.Call me to review this option and the very low interest rates available for this loan program at this time.Kindly,Tim GrayMortgage Alliance Group888 345-2554 x.2226tim@mortgage-alliance.net
Bert Carpenter (BertCarpenter)
Yes. FHA will allow you to refinance even if you no longer live in the property.~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com
Ralph Richard Guertin (ralph@absolutelowrates.com)
YES...
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