Posted on: 15th Sep, 2009 05:12 am
does fha have a program that will help borrowers refinance a high cost adjustable rate mortgage?
All mortgage programs are set-up to help borrowers like yourself refinance out of a high cost adjustable rate mortgage. Depending on your particular circumstances, you may be better suited for a conventional loan program with no Mortgage Insurance. More details and we'll be able to better assist you. I hope this helps...
Yon need to qualify for FHA loan. you may get Fixed interest rate as low as 5.25%
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