Refinances FHA and Short Funds to Close
Comments have been made regarding the FHA short refinance program and this seems to be the same as an FHA refinance where the funds are short the payoff. There isn't much difference between the an FHA short refi and other refinances when the short amount is sufficient to fall short of a full payoff amount.
If you ever want to see and unhappy lender, all you have to do is short their payoff on an FHA refinance without squaring that away with them first. My advice is to follow all of the procedures for an FHA short refinance to make everyone happy.
FHA Refinance for Short People and your FHA mortgage with a short payoff.
Labels: Refinance FHA Short