Can I refinance A FHA loan that an LTV above 125%? Is there an unlimited LTV program?

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Can I refinance A FHA loan that an LTV above 125%? Is there an unlimited LTV program?


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FHA loans are able to be streamline refinanced regardless of equity (or lack thereof), given timely payment history and adequate income/credit scores. As long as no closing costs (other than HUD’s fee) are added to the loan, no appraisal is needed. In MOST cases these days, I am writing FHA streamlines at 3.25% fixed, and being able to pay my clients' costs. Those on FHA loans at 4.5% or above certainly need to look at the streamline program!

Answered over 1 year ago
Ted Rood
1237 6

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