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A Step-by-Step Guide to Refinancing a Traditional Mortgage to a FHA Mortgage

Refinancing a mortgage can provide a homeowner with many benefits, and many are interested in refinancing their traditional mortgage into an FHA mortgage to take advantage of low interest rates. Depending on the specific circumstances, this step may lower the monthly payment, reduce interest charges, adjust the loan term so that it is more beneficial for achieving financial goals and more.

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Refinance: 5 Questions To Ask Your Lender

If you’re looking to refinance your home, you’re likely going to benefit from lower mortgage payments. But lower mortgage payments aren’t the whole story with a refinance. Before you refinance, you’ll want to ask your lender these five key questions – it’ll help you ensure you’re getting a deal you can afford.

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