Forgotten Your Password?

Need to Register?

Question Icon

Our condo was FHA approved, but now it apparantly is no longer. Is refinance no longer possible with FHA?

How can we go about refinancing? by corina_lupascu515 from Algonquin, Illinois. Sep 9th 2014 Reply


Chris Gummerson (cgummerson11)
#363 ranked lender in California - 648 contributions

As long as your current loan is FHA, and you do another FHA loan such as a streamline, then you dont need to have the condo approved.

Sep 9th 2014
0
0
James Barath (JamesBarath)
#9 ranked lender in Indiana - 351 contributions

Visit http://streamlineyourFHA.com to see if you qualify for a reduced FHA refinance. If so, my TEAM would be happy to assist you in your refinance efforts.

Sep 9th 2014
0
0
Ralph Richard Guertin (ralph@absolutelowrates.com)
#136 ranked lender in Florida - 637 contributions

If your doing a Streamline finance you should be fine, call someone on our panel that lends in Illy and good luck

Sep 9th 2014
0
0
KRIS KRAJECKI (IMCALLINGKRIS)
#16 ranked lender in Illinois - 19 contributions

Hi, If you are currently already in an FHA loan, then that would not matter. We can do an "FHA streamline refinance" and you wouldn't even need to have an appraisal done!I live in Huntley so I am very familiar with Algonquin.Give a call anytime and we can wrap up a refi before the months end.:-)~Kris Krajecki - Great Mortgage630-347-6321IMCALLINGKRIS@AOL.COM

Sep 9th 2014
0
0
Patty Harrison (PattyHarrison)
#95 ranked lender in Illinois - 61 contributions

Yes, it is still possible if we do a streamline refinance. Please call or email if you need help completing your refinance.Best regards,Patty Harrison

Sep 9th 2014
0
0
Phil Dumouchel (PhilDu)
#32 ranked lender in South Carolina - 2,224 contributions

As others have said, you can refi a FHA loan to another FHA loan even if the condo is no longer approved as long as you meet other criteria for a "streamline" FHA refinance mortgage

Sep 9th 2014
0
0
Phil Dumouchel (PhilDu)
#32 ranked lender in South Carolina - 2,224 contributions

- if you are not in a FHA mortgage already, if you want to refinance using FHA the condo will need to be approved.

Sep 9th 2014
0
0
Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 3,446 contributions

You can do a FHA streamline refinance of an exiting FHA loan an be OK if the association is no longer FHA approved. Lending in MN, WI, and SD. www.streamline-refinance-mn.com

Sep 10th 2014
0
0
Subscribe to our news feed.