Can I refinance my home with a FHA loan.?
Written By: admin on July 3, 2009
One Comment
I just bought my home in july 07, with no doc and 100% financing. I want to know is it possible I can refinance my home with FHA so I can get a lower interest rate. Please can some help.
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yes you can but remember that FHA is full doc.
they can do a rate/term financing up to 97.75%….but you have to pay for some closing costs.
MyCommunity will allow 100% rate/term…but closing costs is still a factor.