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Loan Modification

: The Truth About Mortgage.com

FHA Short Refinance Option Coming Soon

By scot184

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A new option that should be available by fall of this year will allow borrowers current on their mortgages to execute short refinances into FHA loans, whether the original loan was FHA-insured or not. The new FHA loan must have a balance no greater than 97.75 percent of the value of the home, and the total [...]

Full post as published by The Truth About Mortgage.com on March 26, 2010 (boomark / email).

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