fhaconnect.org is not associated with the government, and our service is not approved by the government or your lender; and even if you accept this offer and use our services, your lender may not agree to change your loan.
| fhaconnect.org is not a loan broker, lender, loan modification company or foreclosure prevention/ counseling company. fhaconnect.org is not associated with or an affiliate of your current lender or servicer. This is not an offer by fhaconnect.org to lend you money. Our goal is to provide an easy connection for homeowners seeking information on FHA eligibility with a private mortgage broker or attorney who can assist you.
* An FHA Loan is a mortgage that is insured by the Federal Housing Administration. FHA mortgages can be used for the purchase of a home loan and also as a refinance, either to get a lower rate, or for cash-out purposes. Per FHA guidelines, applicants must have a minimum credit score of 580 to qualify for an FHA cash-out refinance. Additionally FHA cash-out refinance loans have a maximum loan-to-value of 85% of the home's current value. For more information, visit https://www.hud.gov/sites/documents/4155-1_3_SECB.PDF
| * According to statistics provided by CoreLogic, the average U.S. homeowner has $77,221 of home equity value. In 2018, U.S. homeowners held $7.5 trillion in home equity value across 98,354,270 households. For more details, please visit https://www.businesswire.com/news/home/20180607005219/en/