Now is the Time to Refinance Your ARM and Save!
Many borrowers are finding themselves stuck in adjustable rate mortgages that are continuing to increase, often increasing out of control and threatening to force the homeowner to foreclose on their home.
Fortunately, FHA has come out with several refinance solutions including a 97.5% rate and term refinance with FHA (FHA Streamline) and a 95% cash out refinance with FHA. Two of their solutions are specifically for those facing foreclosure: FHA Secure and HOPE for Homeowners.
FHA Home Loan Company has created an online marketplace for perspective home-buyers and homeowners to qualify for lower rate home loans.
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