Thinking of refinancing?

An FHA mortgage refinance can be a great way to refinance in today’s new world of mortgages.

For your years conventional mortgages backed by Fannies and Freddie have ultimately been your best bet but with the recent down turn in the market it has become tough to get approved. An FHA mortgage refinance. May have a slightly higher rate in some cases but with manual underwriting we have seen. Borrowers get approved with a credit score in the 500’s.

Good news for you mortgage borrowers that have less then perfect credit.

Although you don’t need a perfect credit score to get a mortgage you do need to have qualifying income.

FHA Refinance Mortgage

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Tags: fha mortgage refinance

This entry was posted on Friday, September 19th, 2008 at 6:25 am and is filed under Mortgage Brokers, Mortgage Business, Mortgage Loans, Mortgage payments, Mortgage rates, Refinance Mortgage, Uncategorized, Virginia Mortgage, baltimore mortgages, florida mortgage, orlando refinance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.