Can I refinance either one of these loans on an FHA loan? Will I have PMI ? My LTV is 80% on both properties.
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FHA has permitted what kind of refinances on insured mortgages since the early 1980’s?
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I bought my home last year at 5.75% and now I called my lender to refinance. They told me about an FHA loan and how they can offer me 4.5%. The monthly total will also now reflect any insurance or mortgage tax I have to pay. Is this right?
I use [...]
Hello everyone. I am purchasing a house but the loan I could get was FHA because i did not have 20 % down and not enough credit for conforming loan. I could place 15 % down on the house but my question is whether i should do that or go with the minimum of 3 [...]
I was reading in www.hopenowmortgages.com details about the new program that will help us to avoid Foreclosures and I found very fascinating things ( I will list just a couple but you can visit them to read more)
* The bank will have to forgive you the late payments, penalties and second mortgages you may have
* [...]
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