This video is not giving correct advise at 2:15. You CAN refinance with FHA if you are underwater on value. While they do have a Loan To Value limit of 96.5% for a new 1st loan, they do not have a CLTV (Combined Loan To Value) limit. So you can have 2nd behind that new 1st no problem.
Comment removed
slammedtoys 7 months ago
This video is not giving correct advise at 2:15. You CAN refinance with FHA if you are underwater on value. While they do have a Loan To Value limit of 96.5% for a new 1st loan, they do not have a CLTV (Combined Loan To Value) limit. So you can have 2nd behind that new 1st no problem.
wackywireless 2 years ago