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Can I refinance an FHA loan thats been modified?

by cynthiaandray190 from Franklin, Michigan. Apr 28th 2014 Reply


Michelle Curtis Loan Originator NMLS 401173 (MichelleCurtisLO)
#77 ranked lender in Florida - 2,245 contributions

Yes.

Apr 28th 2014
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Mike Silkworth (msilkw_195_870)
#29 ranked lender in Michigan - 531 contributions

Team Best Mortgage Option - That is good to know, I was unaware of this. Would you please expand on your answer.

Apr 28th 2014
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Jack Cyrul (Jack Cyrul)
#4 ranked lender in Michigan - 94 contributions

Yes you can call Jack at 734-395-9027.

Apr 28th 2014
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William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

Yes.. however most lenders wont refinance you if there was a principal reduction associated with your modification.. if there was no principal reduction, then so long as you have made 24 on time monthly payments, you should be able to refinance..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. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Apr 28th 2014
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Jarrod McOmie (Jarrod)
#13 ranked lender in Utah - 120 contributions

Yes, however each lender will treat the situation differently. How long has it been since the modification agreement?

Apr 28th 2014
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Jamie Lynne (nationwidelenderforyou)
#137 ranked lender in Texas - 576 contributions

Was your loan amount reduced? Did you make payments on time during the modification? Have you made on time payments for at least a year after being out of the modification? Let's discuss your loan scenario in more detail. Contact me at 800 315 8803. My name is Jamie and I have been in the mortgage business since 1989. I am happy to answer your mortgage questions, 7 days a week and review your loan scenario. Until then, I look forward to hearing from you. Jamie Lynne - www.bartprequalifies.com - email Jamie@bartprequalifies.com - 800 315 8803

Apr 29th 2014
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