| 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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10-29-2010, 10:28 PM
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How does a refinancing loan work on an FHA...
...mortgage? I have an FHA loan for $25,000......House is worth much more, especially after the repairs we did. House sold at least 3 different times between 1995 and 2006 for approximately $100,000.I am guessing it is at least appraised for $65,000 right now....I still have 29 years left on the mortgage. How does refinancing work (what kind of loan would I get in $ terms), and what do I need to get approved?
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