FHA Mortgage Refinance using FHA Loan Program
FHA refinance loans are a great way for homeowners to completely refinance an existing mortgage on real estate. Benefits of the FHA refinancing program are as follows:
Up to 85% Cash-Out Refinance on existing FHA mortgages
- Regulated FHA refinance closing costs
- Low credit qualification
- Mortgage consolidation into first and second loans
- Cash-out up to 85% of home value
- Access to debt consolidation programs
Get up to 96.5% rate and term refinancing on home price – same requirements as above plus
- Affordable interest rates for lenders
- Low qualification requirements
Obtain FHA Streamline Refinancing on existing FHA loans
- Zero credit and income requirements
- No cost interest rate reductions programs
- Extend or Decrease loan repayment period
Receive FHA Secure Refinancing even with late payments
- Late payments from refinancing don’t exclude you from affordable rates
- Foreclosing homes still qualify
- See full details of FHASecure loan
FHA reverse mortgages remove mortgage payments for
Individuals older than 62 years.
Refinance your home mortgage the easy way with a Texas FHA loan. If you already own a home you can find out available options for FHA refinance. Here are some types of FHA loan programs that may be open to you:
- FHA Fixed Rate Loan – 15 to 30 year amortized loans.
- FHA Adjustable Loan (ARM) – 15 and 30 year amortized loans.
- FHA Buydown Loan -15 and 30 year amortized loans.