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WHAT IF THE FHA SHORT REFINANCE DOESN’T WORK?

April 26, 2017doesn’t FHA Refinance short

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WHAT IF THE FHA SHORT REFINANCE DOESN’T WORK?

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An FHA Short Refinance is the goal for our work, but it does not work in every situation. In the case where an FHA Short Refinance does not work, you still may be able to negotiate a loan modification with your current lender to improve the terms on your existing mortgage. You may also elect to put your home up for a “short sale” and if you do we can provide you with an excellent Realtor referral in your area who specializes in this type of transaction. If you elect a short sale, it is important to work with a Realtor experienced in the short sale process.