The refinancing of the FHA is now more affordable. The FHA has reduced the private mortgage insurance (PMI).
Great news! The Federal Housing Administration (FHA) has reduced annual mortgage insurance premiums for refinanced loans in an effort to expand its simplified Refinancing program.
This means that borrowers who are up to date on their monthly payments can refinance and save
Even if they owe more than their house is worth!
The FHA simplified refinancing program facilitates the refinancing of your FHA loan!
• Limited labor documentation is required
• Limited credit or income documentation required to qualify
• Property evaluation is not required
With so many potential benefits, call the office today and check your mortgage.
Licensed by the Department of Commercial Supervision under the California Residential Mortgage Loan Law. The information is subject to change without prior notice. This is not an offer for the extension of credit or a commitment to lend. NMLS # 930622 / NMLS # 6229
NMLS # 6229
Video credits to Jesse Stroup – Mortgage Lender YouTube channel