If you’re a homeowner with an existing FHA mortgage, the FHA Refinance is typically the best refinancing option. It omits the need for an appraisal and credit and income requirements.

If you’re a homeowner that doesn’t have an FHA mortgage loan you can reduce your monthly rates with an FHA refinance even if you have a low credit scores, low home value or a multi-unit home.

Call 1st Capitol Mortgage, Inc. of Dover, Delaware today for more information about FHA Refinancing.