Is it possible to switch from a conventional loan to a FHA?

Hello, With a Conventional loan you can do a Streamline refinance. No appraisal is required and it is done using the appraised value when you originally financed the property.Sincerely,Henry J Daniels - Sr. Mortgage Banker & CMPSI Certified Mortgage Coach"Educating you to make the right financial choices for your family today and tomorrow" Direct: (936) 228-1944 Fax: (832) 217-3033Learn about me and connect at HenryJDaniels.comBlog: WoodlandsMortgageBank.com What is "Servant Leadership?" - Proverbs 11:25 & Proverbs 3:27 Connect with me at:Text "CoachHenry" to 50500 to get my eCardText "follow TexasRealLoans" to 40404 for Lending updates via SMSText me Direct at (936) 228-1944Home Loans provided by Premier Nationwide Lending NMLS #75333Henry J Daniels - NMLS #209419

The max loan to value on FHA prior to adding in the upfront mortgage insurance is 97.75%. If your loan was originated approx April 2009 or prior you should be able to use the Home Affordable Refinance Program (HARP). If you had mortgage insurance when you originally purchased, you would want to go through your original lender for a HARP loan.

Yes it can be done with a DU Refi plus. If you would like to find out if you qualify please call me at 1-800-332-9221 ext 2324 or my cell is 717-779-3692. My name is Glenn Main at Equity Mortgage NMLS# 140978 and my email address is gmain@equitymortgagelending.com.