FHA 95% Cash Out Refinance Loans are Going Away
Posted on March 30th 2009
GET YOUR CASE NUMBER’S ASSIGNED BY APRIL 1, 2009 FOR FHA CASH OUT REFINANCES!
For all case numbers assigned after 4/1/09 the maximum LTV will be 85%.
Per FHA: Given the continued deterioration in the housing market, and FHA’s need to limit its exposure to undue risk, this reduction to the maximum LTV for cash-out refinances is [...] Read more »
Posted in FHA Loans, News and Updates |
