FHA Short Refinance

FHA Short Refinance

A FHA option for Non-FHA Borrowers In August of 2010, the U.S. Department of Housing and Urban Development (HUD) announced the FHA short refinance option for homeowners with negative equity who wish to refinance their homes. The program is based on the FHA Refinance...
FHA PowerSaver

FHA PowerSaver

The FHA Power Saver was developed as part of the Recovery through Retrofit initiative. Power saver mortgages are Federal Housing Administration (FHA) insured, FHA PowerSaver loans will offer homeowners up to $25,000 to make certain energy-efficient improvements,...
FHA Refinance Program

FHA Refinance Program

What are the FHA refinance mortgage options? There are several FHA Refinance Program Options. Cash out refinance No cash out refinance FHA streamline refinance Cash out refinance As the name implies a cash out refinance allows the borrower to take cash from the equity...
Hope for Homeowners

Hope for Homeowners

Hope for Homeowner program intends to help the homeowners who are at the risk of default and foreclosure by offering affordable loans. It is an additional mortgage option that helps to keep the homeowners in their homes. This program is effective from October 1st 2008...
New FHA Mortgage Insurance

New FHA Mortgage Insurance

New FHA Refinance Program Targets Mortgage Insurance Premiums. The FHA is introducing changes to its Streamline Refinance Program to increase its accessibility to struggling yet responsible homeowners. The new FHA mortgage insurance premiums will enact price cuts to...
New FHA Refinance Option

New FHA Refinance Option

New Refinancing Terms Through the FHA The Obama administration announced the new FHA refinance program to allow the FHA to provide a refinancing option for millions of homeowners who owe more on their mortgage than their home is worth. The FHA refinancing strategy...