FHA home refinance loans allow people with bad credit to qualify for a good mortgage rate with fixed rate terms from 15 to 30 years. Bridge Mortgage is an approved FHA mortgage lender who offers both traditional and government refinancing products insured by VA and FHA. FHA home refinancing encourages mortgage lending equality and with 30 year fixed rates dropping to 6%, borrowers with bad credit scores can feel good about refinancing their ARM.
A FHA home refinancing is the only true sub-prime lending options for homeowners who have 10% or less equity available in their home. FHA offers rate and term refinancing to 97% and cash out refinancing to 95%. If you have an adjustable rate mortgage that you always paid on time until the rate started rising, ask your
FHA mortgage lender about the FHA secure loans designed for emergency refinancing.
Refinance FHA Home Loans |
- Government Mortgage Refinancing
- Poor Credit FHA Home Loans
- Cash Out Refinancing
- Fixed Rate 30 Year Mortgages
- FHA Streamline Refinance
- Fixed Loan Refinancing
- Sub-Prime Home Loans
- FHA Secure Refinance
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Answer: You may be surprised to learn that there is no minimum credit score requirement with FHA home loans. Over the years, the credit score requirements has become one of the most frequent misconceptions Unfortunately, many wholesale mortgage lenders create their own minimum credit score requirement with FHA loans.
Since FHA loans are "exception loans", it's critical to have a good working relationship with lenders that really utilize FHA underwriting guidelines that are available, so find a lender that has experience with FHA lending, like Bridge Mortgages.
Answer: There are no income limits on FHA loans. Because of this, I encourage all types of borrowers including, self employed homeowners to consider FHA loans when refinancing their home.
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