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Old 01-23-2011, 04:52 PM
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Default Can I refinance my FHA mortgage to a Conventional...

...mortgage? I bought my home a year ago, and would like to refinance and take out the equity to pay off bills and make some much needed repairs around the house. With an FHA mortgage you can only cash out up to 85% of the equity of your home. I would like to know if its possible to refinance my FHA loan to a conventional loan and to cash out the full value of my home? I have had a full time job for over 2 years and have good credit and also a cosigner if needed. Thanks for your help
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