Sunday, March 30, 2008

over 100% on an FHA refinance

Can you go over 100% on the refinance of fha loans and still get approved by the DE Underwriter? This would help people who have no equity and a second mortgage for fha refinancing the first and the second mortgage subordinating to the new fha insured first mortgage.

This article on fha cltv is helpful for subordinating second mortgages over 100%.

Max LTV and CLTV FHA second mortgage

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