Cash Out of Home with FHA Refinance
January 5, 2009 by Eleanor
Filed under FHA Mortgage Loans
Have you heard the joke about the way you see your house, and the way the tax guy sees it and the way your appraiser sees it?
Well, it’s pretty funny… because everyone has a difference perspective!
If you believe you have some equity in your home, and you would like to take cash out, FHA might be your best bet! Not on a home like the one above (of course), the maximum FHA loan in Wake County is now $271,050… but FHA now allows you to cash out up to 95% of the value of the home!
FHA allows you to use this money for investments, to take a vacation, pay off bills, home improvements… almost anything you need! Some folks think rates will be at 4.5%! To find out how to get your 4.5% mortgage - click here!
Call us for details, and the current interest rates! Steve and Eleanor Thorne, First Financial Services, 919-649-5058.
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