| FHA Refinance If you are facing foreclosure we have helped many homeowners refinance out of foreclosure to a fixed rate loan. |
 |
04-22-2009, 11:25 PM
|
|||
|
|||
FHA refinance question?
I just refinanced my home with FHA and got 5.5% fixed interest for a term of 15 years. I am going througha divorce and the payments are too steep. I want to extend my term to 30 years. Can I do that without refinancing? Thanks.
    |
|
04-23-2009, 12:42 AM
|
|||
|
|||
|
Nope, unless you can negotiate some kind of a deal with your lender but I don't even know if that is possible. you should have done it the other way around...done a 30 year and while you could afford it pay as much extra on it as you could. Then when times were tight you could pay less.
|
Linear Mode
