FHA Home Refinance Loans in Washington

FHA refinance loans have become popular with Washington borrowers refinancing into a lower fixed rate loan, regardless of credit scores. Nationwide has extended FHA mortgage refinacing specials to Washington homeowners seeking fixed interest rate solutions. With these new FHA loans borrowers can get cash out when refinancing for consolidating high rate ARMS, credit card debts and even finance new home improvements. Nationwide has been helping borrowers with bad credit in the Pacific North-West with mortgage refinancing for almost a decade.

Preferred Loan Type Select ---------------> Mortgage Refinance Cash Out Refinance Home Equity New Home Purchase Property Type Select One-----------> Single-Family Detached Condominium Cooperative Multi-Family Dwelling Modular Mobile Home Manufactured Home Property Value Select One-----------> 1st Time Buyer 75,000 - 80,000 80,000 - 85,000 85,000 - 90,000 90,000 - 95,000 95,000 - 100,000 100,000 - 105,000 105,000 - 110,000 110,000 - 115,000 115,000 - 120,000 120,000 - 125,000 125,000 - 130,000 130,000 - 135,000 135,000 - 140,000 140,000 - 145,000 145,000 - 150,000 150,000 - 155,000 155,000 - 160,000 160,000 - 165,000 165,000 - 170,000 170,000 - 175,000 175,000 - 180,000 180,000 - 185,000 185,000 - 190,000 190,000 - 195,000 195,000 - 200,000 200,000 - 205,000 205,000 - 210,000 210,000 - 215,000 215,000 - 220,000 220,000 - 225,000 225,000 - 230,000 230,000 - 235,000 235,000 - 240,000 240,000 - 245,000 245,000 - 250,000 250,000 - 255,000 255,000 - 260,000 260,000 - 265,000 265,000 - 270,000 270,000 - 275,000 275,000 - 280,000 280,000 - 285,000 285,000 - 290,000 290,000 - 295,000 295,000 - 300,000 300,000 - 305,000 305,000 - 310,000 310,000 - 315,000 315,000 - 320,000 320,000 - 325,000 325,000 - 330,000 330,000 - 335,000 335,000 - 340,000 340,000 - 345,000 345,000 - 350,000 350,000 - 355,000 355,000 - 360,000 360,000 - 365,000 365,000 - 370,000 370,000 - 375,000 375,000 - 380,000 380,000 - 385,000 385,000 - 390,000 390,000 - 395,000 395,000 - 400,000 400,000 - 405,000 405,000 - 410,000 410,000 - 415,000 415,000 - 420,000 420,000 - 425,000 425,000 - 430,000 430,000 - 435,000 435,000 - 440,000 440,000 - 445,000 445,000 - 450,000 450,000 - 455,000 455,000 - 460,000 460,000 - 465,000 465,000 - 470,000 470,000 - 475,000 475,000 - 480,000 480,000 - 485,000 485,000 - 490,000 490,000 - 495,000 495,000 - 500,000 500,000 - 505,000 505,000 - 510,000 510,000 - 515,000 515,000 - 520,000 520,000 - 525,000 525,000 - 530,000 530,000 - 535,000 535,000 - 540,000 540,000 - 545,000 545,000 - 550,000 550,000 - 555,000 555,000 - 560,000 560,000 - 565,000 565,000 - 570,000 570,000 - 575,000 575,000 - 580,000 580,000 - 585,000 585,000 - 590,000 590,000 - 595,000 595,000 - 600,000 600,000 - 605,000 605,000 - 610,000 610,000 - 615,000 615,000 - 620,000 620,000 - 625,000 625,000 - 630,000 630,000 - 635,000 635,000 - 640,000 640,000 - 645,000 645,000 - 650,000 650,000 - 655,000 655,000 - 660,000 660,000 - 665,000 665,000 - 670,000 670,000 - 675,000 675,000 - 680,000 680,000 - 685,000 685,000 - 690,000 690,000 - 695,000 695,000 - 700,000 700,000 - 705,000 705,000 - 710,000 710,000 - 715,000 715,000 - 720,000 720,000 - 725,000 725,000 - 730,000 730,000 - 735,000 735,000 - 740,000 740,000 - 745,000 745,000 - 750,000 750,000 - 755,000 755,000 - 760,000 760,000 - 765,000 765,000 - 770,000 770,000 - 775,000 775,000 - 780,000 780,000 - 785,000 785,000 - 790,000 790,000 - 795,000 795,000 - 800,000 Over 800,000 Credit Rating Select ---------------> Excellent Good Fair Poor

Washington Mortgage Rates Update: Home Refinance Loan with FHA

Adjustable rate mortgages are coming due and residents in the state have very few refinance solutions. The rise in mortgage rates have residents in Seattle, Spokane, Tacoma, Vancouver, Bellevue, Everett, Federal Way, Kent, Yakima, Bellingham and other areas in Washington scrambling for a solution.

Washington FHA Mortgage Limits for Rise for Refinancing

Washington mortgage refinancing options of any sort have run thin, and subprime mortgage lenders going out of business have not helped. Bad credit loans are pretty much nonexistent, leaving those bad credit scores wondering how long they will be able to keep their homes. Washington homeowners are trying to find refinancing solutions for their adjustable rate mortgage payments.

Mortgage industry problems include loss of home equity, loss of local lending programs and tighter mortgage guidelines, leaving very few 100% refinancing options. Property values have been dropping across the country, and decreasing property values may limit your ability in the future. But, fixed rate refinance loans are critical while you have value. So, where do you turn for bad credit loans and other home refinancing options, especially since there's no secondary market?

According to a Google News Article at WTOL 11 entitled "Voinovich introduced bill to ease foreclosure crisis", U.S. Senator George V. Voinovich (R-OH) introduced Wednesday the Expanding American Home ownership Act of 2007, which will enable The Federal Housing Administration (FHA) to help those facing foreclosure to refinance for lower rates while helping millions of more low- and moderate-income families to buy a first home.

The plan already enacted to help those facing foreclosure is President Bush's FHA Secure, a program which helps families with strong credit histories who had been making timely mortgage payments before their loans reset-but are now in default-to qualify for 30 year fixed rate refinancing. The problem with this plan is that it doesn't help those with bad credit scores, the majority of the people who have these adjustable mortgages that are getting ready to reset.

However, for those with blemished credit, the FHA does have other programs for which they may qualify. And, if you're active duty military or a military veteran, you may want to check with the Veterans Administration (VA). The VA, like FHA has less much stringent qualification criteria than do conventional lenders.

According to mortgage-x.com, Washington mortgage rates are still pretty reasonable, ranging from 4.875% for a Conforming 6 month ARM to 6.125% for a Jumbo 20 year fixed-rate mortgage (FRM). With FHA's and VA's competitive rates and excellent loan terms, now is the time to refinance your adjustable rate mortgage before your loan resets. Talk with a qualified lender today to see what your options are.

• Refinance with a Fixed Rate

• 125% Home Equity Loans

• Jumbo Home Loans to 100%

• Debt Consolidation Loans

• FHA Cash Out Refinancing

• Option ARM Home Refinance

Washington residents can take advantage of monthly loan specials that are offered exclusively to homeowners residing in the Pacific North-West. Ask your home equity specialist about state specific guidelines and APR restrictions. Mortgages rates that can vary depending upon credit score, state, loan amount and combined loan to value.