Reader Question: Refinance an FHA loan that's upside down?

Posted by Steve Dalton / Category:

A visitor submitted a question - First Financial, can I refinance an FHA loan on a home that is valued at more than the current appraised value of my house?

In short, YES. FHA does have a program that will allow a refinance of that loan. Obviously there are requirements and rules, but the fact is that yes you can, and if it's an ARM, you really should get it refinanced.

Call us today: 219-762-7200 for an appointment to look at your specific situation.

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