Super Contributor
ShanetheMortgageMan
Posts: 7,865
Registered: ‎09-28-2007
Re: FHA, huh?

CreditDrama85 wrote:
what are the requirements to refinance via FHA? doesn't the property have to be in excellent condition or something ? i think that's why i avoided this the first time around BUT i need a better rate, so i may need to go that route...


The property does have to be in good shape - but doesn't have to be in excellent condition, just "average" (per the appraisal).  Do you think your home might not meet required standards?  If so, why not?