My interest rate is 8 %.Never declared bankruptcy and did go through the foreclosure process a couple of years ago.
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If you’ve been discharged from your bankruptcy then yes. But if you haven’t been discharged yet it will show as outstanding on your credit report and you will not likely qualify for a FHA refinance.
Probably. FHA was made for people just like you.
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It really depends on your credit score, recent mortgage history, how long a go the foreclosure happened and whether or not you currently have an FHA mortgage.
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Credit history is a very vital factor to lenders. FHA loans focus more heavily on your performance with just the mortgage accounts. But, most lenders have minimum credit score requirements that are determined by your overall credit profile. So it is vital to pay all accounts on time. Whether you can qualify for an FHA streamline is dependent on both your mortgage history and your overall score.