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FHA Refinance If you are facing foreclosure we have helped many homeowners refinance out of foreclosure to a fixed rate loan.

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Old 02-08-2010, 10:38 AM
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Join Date: Feb 2010
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Default Can I do an FHA refinance with no money in savings?
My husband and I are trying to refinance our mortgage. It would be a 30 year FHA loan. Does anyone know if you can do an FHA refinance with no money in savings? We are currently living almost check to check right now. My husband had a salary decrease last year along with weeks off unpaid (due to slow business) and we went straight through our savings covering the lost wages. We are hoping to build it back up this year now that his regular salary will back soon.
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