FHA Short Refinancing

Upside Down?

REFINANCE YOUR HOME TODAY AT 97% OF TODAYS APPRAISED VALUE!

• Struggling to Make Mortgage Payments?
• Facing Foreclosure?
• Tried To Refinance, But Couldn't Because of Your Homes Value?
• Your Home Must Be Located in Florida!

FHA Short Refinancing Highlights

• Primary Residences Only!
• Must Be Current on Mortgages!
• 620 Minimum Mid Credit Score!
• Full Doc Only! (must verify sufficient income)
• New loan Amount 97% of Today's Value!
• Lenders Forgive Shortage!
• Closing Costs May Be Financed!
• Lender Write Down is Voluntary

FHA Short Refinancing is the process of refinancing your current mortgage(s) into a new FHA 30 year fixed rate mortgage for up to 97.75% of your homes current value (many times closing costs may be included). Many lenders are accepting short refinance payoffs because it is more cost effective than foreclosure proceedings. Foreclosure is an expensive solution for a lender for loans in default; not only does the lender not receive payments for up to a year, but they may lose out on fees associated with the procedure. A FHA Short Refinance Payoff is just one of several alternatives that might be more cost effective for your lender(s). FHA Short Refinance also allows borrowers to keep their home.

Here is an example... of how much you could save!

Example: A $250,000 mortgage balance and the homes current value is $100,000, the refinanced FHA loan would repay the lender 90% of the home’s current worth, about $85,000. The existing home owner’s new loan would be for 90% of the $100,000 or $90,000.

Do you qualify for a FHA Short Refinance? Contact one of our Mortgage professionals to see if you meet the minimum program requirements.

HELPING STRUGGLING FAMILIES IN FLORIDA KEEP THEIR HOMES!

We look forward to helping you refinance your home please Click Here to or visit www.floridahousesavers.com for more information on loan programs.

If you are having trouble making your mortgage payments, we may be able to help you, by refinancing your loan into a new 30-year fixed rate loan with lower payments. 

Get the best mortgage loan for you

When you decide to buy a home or refinance a mortgage, it's a big step. You can trust us to find the loan program that's best for you.

Buying a new home is a source of anxiety, frustration -- and a huge sense of accomplishment. You didn't pick the house that was best for someone else, you picked the one that's right for you! Trust our professionals to find the mortgage loan that best fits your needs, too. "Less paperwork and more personal attention" means you enter a frustration-free zone from application to decision. Getting the right mortgage loan is like getting the keys to your new house! We can help you get there.

Refinancing your current mortgage has never been easier. If you thought refinancing meant getting buried under mountains of paperwork, think again! We make it easy and worry-free to reduce your interest rate and monthly payment. We can even help you pay down your balance more quickly for comparable monthly payment. Let our professionals guide you to the very best refinanced loan!

Tapping into your home equity is easier than ever before. Tap into that wealth and reward yourself. We'll help with the best program to fit your goals.

Our mortgage professionals give you the personal attention you deserve and treat you with the respect due a valued customer. We understand you're making a commitment in buying a new home, refinancing and mortgage or cashing out your home equity. So we make a commitment to you. We will help you qualify, apply and be approved for the right mortgage loan for you. Not anybody else!

Please navigate our website to learn more about us, what we do for you, and how easy it is to get started. And remember, If we can't get you a loan no one can!