FHA Loan Options
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FHA Refinancing
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Bad Credit Mortgage Refinancing

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FHA Home Loans
FHA Home Financing
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Pre-Approval Loan
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FHA Loan Qualification

FHA home loans are easy to qualify for because bad credit is allowed and you virtually no equity is required to refinance.

FHA Down Payment Assistance

FHA Credit Score Card
FHA Credit Aproval/ Score-Card

FHA paperwork electronically, the FHA TOTAL Scorecard is used to measure the credit risk of all FHA loans submitted through the automatic underwriting system. Your FHA loan is processed through a qualified and approved FHA lender. Applications submitted through FHA TOTAL are evaluated by a standardized scoring procedure creating a quick, fair and seamless evaluation. The FHA's TOTAL system is internet based and works in real time.
 

Get More info from FHA Loan Experts for New Home Buying or Mortgage Loan Refinancing

No Cost and No Obligation to Apply.
3 out 4 applications are approved.

Preferred Loan Type:
Mortgage Balance
Property Value
Credit Rating
Property State
Full Name
Email Address
Phone

Compensating Factors

Borrower Name
Housing To Income Ratio [ 0 ] 36.01 - 38.00%
Debt To Income Ratio [ 0 ] 46.01 - 48.00%
Loan To Value [ 0 ] > 95.00% LTV and all cash-out refis
Reserves After Closing [ 0 ] Less Than One Month PITI Reserves
Average Middle Credit Score [ 0 ] 560 - 599 (or no credit scores for any borrower)
Monthly Payments Increase / Decrease [ 0 ] Payments increasing by less than 100%
HUD Pre-Purchase Counseling [ 0 ] Did not attend HUD Pre-Purchase Counseling
Previous Bankruptcy [ 0 ] No bankruptcies OR discharged more than 7 years
Previous Forclosure [ 0 ] No foreclosures OR completed more than 7 years
Stability of Employment [ 0 ] Less than 2 years on current job
Part-Time Job History [ 0 ] No part-time income unsed with <1 year history
Mortgage Lates [ 0 ] No lates in last twelve months
Purpose of Loan [ 0 ] Purchase or any cash-out
Residual Monthly Income [ 0 ] $1,000 less Piti less $500 borrower less $250 per child
           
       
    The interest rates for FHA refinance and home purchase loans remain competitive and comparable to conventional Fannie Mae mortgage rates.   Borrowers are given fixed rate grace with exceptions for qualifying made for borrowers who were not late prior to their mortgage adjusting.  
 
 

Equal Housing Lender. © 2008-2010 and Beyond - FHA Home Loan Refinancing, FSB, Government FHA Mortgage Division. Trade/service marks are the property of FHA Home Refinance Corporation, or their respective loan subsidiaries. Some mortgage products may not be available in all states. This is not a commitment to lend. Certain restrictions may apply.

FHA Home Loan Refinancing Corporation, 3 Mason, Ste B, Irvine California 92618 | FHA Loan Limits 2010 | California FHA Loan Limits