should i refinance my home mortgage without a loans
FHA Short Refinance. If you owe more on your mortgage than your house is worth, the FHA Short Refinance may allow you to refinance into an FHA Loanâif your current lender agrees to a principle reduction, that is, accept less than the remaining balance owed on the loan. Current FHA home loans are not eligible.f you owe more on your mortgage than your house is worth, the FHA Short Refinance may allow you to refinance into an FHA Loanâif your current lender agrees to a principle reduction, that is, accept less than the remaining balance owed on the loan. Current FHA home loans are not eligible.