FHA Negative Equity Refinance.. It’s Here.. or is it?

FHA Short Refinance… Is It Finally Back? Back on March 26th HUD announced they were putting together an FHA Loan Program to allow an FHA Refinance for Borrowers in Negative Equity Positions. Guess What? It’s here… Well kind of.  At least tha...

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AZ FHA Refinance Option For Underwater Home Owners

The New Arizona FHA Mortgage Loan Refinance Option For Home Owners Who Owe More Than Their Home Is Worth.. You heard it here first.. renewed Hope for Home Owners.. David Stevens of HUD just announced that the Obama Administration is putting together an FHA Ref...

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Short Refinance Documentation – The Budget Worksheet

It is truly amazing right now the number of homeowners who are upside down on their mortgages and could benefit from a Short Refinance, if only they knew it existed. It isn’t unusual for me to get a call from a homeowner who owes $30,000 to well over $10...

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The FHA Short Refinance Can Help You Get The Bank To Take A Short Payoff On Your Mortgage

SHORT REFINANCE FHA SECURE, HOW TO GET THE BANK TO DISCOUNT YOUR MORTGAGE In Arizona we have been seeing record numbers of foreclosures, record numbers of bank repos and record numbers of short sales.  Homeowners are faced with rising mortgage payments when t...

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