Sentences with phrase «following types of refinances»
Under the terms and conditions outlined below, FHA will insure the following types of refinances:
https://kentuckyfhaloan.wordpress.com/ Not exact matches
Your refinance depends on factors such as The type of loan you currently have Your home's value compared to loan balance Whether you currently hold mortgage insurance Following is a brief -LSB-...]
Since you are simply replacing a mortgage that you have already been making payments on, this is considered the lowest risk of the 3 types of refinances and therefore will typically have lower interest rates than equivalent cash - out or debt consolidation refinances and follow similar Loan - To - Value requirements to purchase transactions.
Generally speaking, jumbo loans can be used to purchase or refinance the following types of homes