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FHA Small Refinance
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Tags: existing, FHA, fha loan, FHA Refinance, home-needs, loan, much-the-same, pretty-much, your-existing
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Especially when buying a home in today's market where foreclosures and short sales that need fix-up work are plentiful. But a little-known Federal Housing Administration (FHA) loan program that's been around since 1978 can help take the sting out ... At a time when equity loans are hard to get, the program can also be used as a refinancing vehicle for borrowers who want to do repairs and improvements, provided the value of the home is greater than the value of the loan. ...