FHA Bad Credit Refinance
You have a home that you are making payments on so you should always be aware of the market surrounding that home. Are better interest rates available at this time? Is a lower payment a good thing now? Should I look at shortening the term, paying the house off faster? These are questions that the homeowner (after one year of ownership) needs to be asking themselves at least once a year, if not more frequently.
The past few years in particular have netted many people many wonderful options. People have been able to drastically reduce payment, interest rates, and terms of their loans all at one time, making it one of the best times in recent memory to refinance your loan.
It is not too late in any way to take advantage of an FHA refinance, in fact it is still as good of a time as any in history. FHA loans have quickly become known as bad credit home loans, the requirements for credit score are lower for FHA than any other loan product, allowing those with bad credit to refinance. Because the government is insuring the loan, not only are the bad credit refinance options available, many times there cost to refinance is less as well.
APPLY NOW FOR AN FHA REFINANCE – your specialist is an expert in FHA bad credit refinance
Two options available to those seeking a refinance, of what must be your primary residence.