Reviewing the Loan Application for an FHA Short Refinance
The loan application for an FHA Short Refinance is similar to any normal fha loan refinance application. There is one subtle difference, however, and that has to do with the mortgage loan amount to be refinanced through fha. The payoff amount is generally short the full payoff amount. Aside from this, the FHA short refinance is similar to the refinancing fha program.
Here is an excerpt from the FHA short refinance quotes around the internet:
FHA Short Refinances are slightly different than the FHA SHORT REFINANCE and this is primarily becuase the second instance of fha short refinance was written in all caps.
Labels: fha short refinance