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Has anyone heard of an FHA loan that works with refinancing mortgages in

This is a discussion on Has anyone heard of an FHA loan that works with refinancing mortgages in within the General Chat forums, part of the Main Category category; case you are "upside down" currently I was told by a refinance.com agent that I may qualify ...





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Old 06-21-2008, 07:03 AM   #1
Junior Member
 
Join Date: Jun 2008
Posts: 1

case you are "upside down" currently I was told by a refinance.com agent that I may qualify to have an FHA loan to cover the remaining debt on my current mortgage since I am "upsode down" on my current mortgage, and desperately needing to refinance. Is this possible? He explained that the government is trying to help people keep their homes and lets you borrow that money until the equity in the home returns. Is this true???
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