Why Short Refinance with FHA?

If you want to keep your home, but don't have enough equity to get into an FHA refinance loan, you have tried a loan modification or normal FHA refinance and it didn't work, then an FHA short refinance is your answer. You may be able to get your LTV (loan to value) right where you need it to be in order to qualify for an FHA refinance! It's a well known fact that there are companies out there that will do foreclosure bailouts, but the main draw back is that the LTV needs to be between 50% - 60%, with most lenders tightening there belts down to the 50% notch. Most homeowners have LTV's between the 75% - 100+% range. The problem with this is that most lenders won't accept them unless it is an FHA short refinance. Therefore, by negotiating an FHA short-refi with your current lender, you can obtain a short payoff of less than the full amount owed, getting your LTV where it is needed to refinance your home with FHA. Thus, also creating equity in your home, where before you had little or none and that makes the FHA happy as well.

FHA short refinance is the way to go.

Fabulous Article on FHA Short Refinances

I've been thinking that more should be written about the FHA short refinance program. This is the refinance vehicle for borrowers who are short funds to close on a new FHA loan; hence, the name FHA short refinance.

Quite interstingly, the FHA short refinance loans has been discussed at a few places. My thoughts are that this post will rank high in the search engines for the terms FHA Short Refinance.

Let's look into the FHA short refi (or refinance) at a later date.

Calling Beth, Bobby, Brandy, Brenda, Brett, and Brian to the Mortgage SDOmain and Loan Website

WWW.BETHLOANS.NET is a Beth type of mortgage lending site while WWW.BOBBYLOANS.COM is for a mortgage broker named Bobby.

WWW.BRANDYLOANS.COM is a suitable domain name for Brandy who may be a loan officer at the local bank. And of course WWW.BRENDADOESLOANS.COM and WWW.BRENDALOANS.COM are for Brenda the mortgage lady and also WWW.BRENDASLOANS.COM calls for the Brenda mortgage loan too.

Lastly we have Brian and Brett who are up to mortgage loan websites that have Brian and Brett and do lending or loans. You can find Brett at WWW.BRETTSLOANS.COM and Brian can apply for a loan at a website with teh name Brian in it like WWW.BRIANSLOANS.COM

Mortgage Domains are everywhere around the internet and mortgage loans that begin with the letter 'A' are also plentiful. The mortgage important facet of mortgage lending websites for the originators is that the mortgage domain or website should have a personal name and use the word: loans or loan.

Avoid the mortgage bank and get your bank referrals whenever possible online. Thank you for listening to mortgage websites and mortgage domain names for a bit. Goodbye for now.