What is an FHA to FHA Refinance?

FHA to FHA Refinance Definition

For homeowners with existing FHA loans who want to tap into equity or take advantage of reduced interest rates, an FHA to FHA refinance could be a good option. Unlike other FHA loans, it is only available to those who have an existing FHA loan. It comes with fewer underwriting hurdles, and it also has looser credit requirements.

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