refi out of an fha loan
Hello, me and my wife are looking to refi out of our FHA loan. We are about 75% LTV and have mid fico scores of 690 for me and 740 for her. Is there a chance to refi out of the FHA and into a conventional so we can drop the MIP FHA charges? by mario720 from , California. Oct 21st 2020
Luis Renteria (lrenteria6022@gmail.com)
#1090 ranked lender in California - 3 contributions
Yup!!!! All is possible. We can help, check out our awesome reviews. https://www.zillow.com/lender-profile/CrossCountryMortgageLLC/#reviewsLuis Renteria Originating Branch Manager M 408.705.6492W https://crosscountrymortgage.com/Luis-RenteriaE luis.renteria@myccmortgage.com
Bert Carpenter (BertCarpenter)
#37 ranked lender in Arizona - 2,431 contributions
Great scores like yours should easily allow you to qualify for a conventional loan without Mortgage Insurance. Rates are near all-time lows, so now would be a great time to refinance I'm Licensed in California, so feel free to reach out to me. ~ Bert Carpenter, The LoansA2z Team of NEXA Mortgage ~ NMLS 40586 ~ Licensed in Arizona, California, Georgia, Oregon, and Washington. Need help in other states? We've got you covered. NEXA Mortgage is licensed in 46 states ~ www.ApplyYes.com 480-889-9000.
Greg Bleyl (GregBl)
#58 ranked lender in Ohio - 22 contributions
There is a chance, many of my recent customers have had success conventional even some with much less equity than what you mention (even less than 20%). Also as anyone ever told you about an appraisal waiver for conventional loans? Greg Bleyl NMLS 117969 (216) 496-0211
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