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By Craig Johnson

Can You Refinance an FHA Loan?

Despite the unique features of an FHA loan, refinancing one is a lot like a conventional loan.

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If you currently have an FHA loan and are wondering if you can refinance it, the answer is yes. FHA loans are eligible for refinancing just like conventional loans are. Depending on prevailing interest rates, refinancing an FHA loan can be a good way to lower your monthly payment, shorten the mortgage term to get yourself to the finish line sooner ...
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