Refinancing your FHA loan to a conventional mortgage may clear room in your monthly budget, especially with interest rates hovering at historic lows. Removing FHA monthly mortgage insurance, it could result in a lower monthly payment and big savings.
LOAN OPTIONS
Have You Heard? Refinance and Remove FHA Mortgage Insurance
![Aerial view of a neighborhood](/adobe/dynamicmedia/deliver/dm-aid--35f5a485-2f00-44d1-9d5b-325736d36d6f/refinance-fha.png?quality=85&preferwebp=true)
![Aerial view of a neighborhood](/adobe/dynamicmedia/deliver/dm-aid--35f5a485-2f00-44d1-9d5b-325736d36d6f/refinance-fha.png?quality=85&preferwebp=true)
LOAN OPTIONS
Have You Heard? Refinance and Remove FHA Mortgage Insurance
Refinance Your FHA Loan
How Much Equity Do I Have?
To establish 20% equity, you can either have a home appraisal that states you have 20% equity in your home (usually conducted during the refinance process) or pay down your current loan down to get to 20% equity. The end result of refinancing could be a lower monthly payment and big savings. Contact us today for a mortgage review to discuss your refinance options.