Re: FHA, huh?
04-14-2008 12:17 AM
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?
Mortgages (FHA, VA, USDA, Conventional) since 2002, lending nationwide