Can I refinance a 30 year fixed FHA loan that was issued in July 2008?
Nov 25, 2009
I purchased a home in July 2008 using a 30 year fixed FHA loan and the Nimia program. My rate is 6.7% and I’m wondering if it can be refinaced so I have a lower interest rate. Any information would be helpful.
Steve D
November 25th, 2009 at 10:03 am #
Of course you can, as long as you have equity in the house. Contact a mortgage broker and have him/her start shopping around for better rates., Or do it yourself through bankrate or lending tree.