Ar_home_b_search
 



fha short refinance: FHA Short Refinance - 09/24/08 03:48 PM
A Short Refinance may be an option for Las Vegas homeowners who are making high mortgage payments on a property that is worth less than the amount owed.
Even though the most recent round of legislation with the new housing rescue plan does not provide for a significant principal reduction, there are still cases where a homeowner can possibly negotiate for a short payoff from their current lender and then obtain a new FHA mortgage at a lower loan amount.
Not to be confused with the “Obama Refinance” that does not allow for a modified loan amount higher than 105% Loan-to-Value … (0 comments)

 
Mark_006

Mark Madsen

Las Vegas, NV

More about me…

Shelter Realty

Address: 9488 West Flamingo Rd. Ste 102, Las Vegas, NV, 89147

Office Phone: (702) 432-5626

Email Me

Mark Madsen is a Las Vegas Real Estate professional with over 10 years banking experience who specializes in First-Time Homebuyer Programs. Mark has been publishing articles about Homeownership Education since 2006, and is recognized nationally as a mortgage speaker and industry advocate.


Links

Archives

RSS 2.0 Feed for this blog