Did you know that you may qualify for a low interest government loan even if you have had past credit problems (or) even a bankruptcy?
Existing homeowners with or without an FHA home loans may utilize government financing to consolidate existing liens, pay off revolving and installment debt or simply take cash out for home improvement or any other specific purpose.
As a result of the Subprime meltdown, homeowners are experiencing dramatic rate adjustments and many are having trouble finding a lender to refinance their home. FHA financing has proven to be a viable option for many Subprime loan holders.
FHA financing will offer you:
- 30 Year Fixed Rates as low as to 5.50% / APR 5.89%
- Adjustable Rates as low as 4.875% / APR 5.49%
- Cash out available to 95% of your homes appraised value
- Consolidate existing liens, revolving debt and/or installment loans
- Previous Bankruptcy (Chapter 7 or 13) - Ok!
- No Prepayment Penalty
FHA financing is government insured offering 30 year fixed rate and adjustable rate terms with no prepayment penalty. Find out if an FHA loan is right for you!
Apply for your FHA Refinance Now!
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