FHA Refinancing

While applying for FHA refinance loan take care that loan amount does not exceed the maximum loan limit for the area. You are only required to refinance the current mortgage. You may apply for FHA loan refinancing to pay off second mortgages but the second mortgage should at least be 12 months old. Property value multiplied by 85 percent gives the new maximum loan. Hurry. Apply for FHA mortgage loan refinance now. You don't have to worry about your credit ratings and FICO score.