Comments on: FHA Changes LTV on Cash Out Refinances http://eugeneloanguy.com/2009/03/16/fha-chance-ltv-on-cash-out-refinances/ Eugene and Springfield's Source for Real Estate Mortgage Loan Information -- a FHA/VA/USDA Loan Specialist Fri, 16 Mar 2012 21:11:06 -0700 hourly 1 http://wordpress.org/?v=3.3.2 By: fchamberlin http://eugeneloanguy.com/2009/03/16/fha-chance-ltv-on-cash-out-refinances/comment-page-1/#comment-309 fchamberlin Sat, 21 Mar 2009 19:40:57 +0000 http://eugeneloanguy.com/?p=615#comment-309 Of Course, we me you get quadruple points all of the time. Right you are about waiting. I think you are probably right that most people taking advantage of the 95% program are doing it to better their financial position, but realistically, the change makes sense as far as viability of the program. Of Course, we me you get quadruple points all of the time. Right you are about waiting. I think you are probably right that most people taking advantage of the 95% program are doing it to better their financial position, but realistically, the change makes sense as far as viability of the program.

]]> By: Michelle Chamberlain http://eugeneloanguy.com/2009/03/16/fha-chance-ltv-on-cash-out-refinances/comment-page-1/#comment-308 Michelle Chamberlain Sat, 21 Mar 2009 19:10:49 +0000 http://eugeneloanguy.com/?p=615#comment-308 Can I get extra points for commenting here too? While I understand the thinking behind this 'we shouldn't let people cash out their equity to buy boats and big screen tvs" I think the majority of people who are refinancing today are doing it more so out of need and not want. Those people may not be able to get a loan after 4/1 <abbr><em>Michelle Chamberlain’s last blog post..<a href="http://www.mortgage411center.com/2009/03/new-rules-will-make-refinancing-your-mortgage-more-difficult/" rel="nofollow">New Rules Will Make Refinancing Your Mortgage More Difficult</a></abbr></em> Can I get extra points for commenting here too?

While I understand the thinking behind this ‘we shouldn’t let people cash out their equity to buy boats and big screen tvs” I think the majority of people who are refinancing today are doing it more so out of need and not want. Those people may not be able to get a loan after 4/1

Michelle Chamberlain’s last blog post..New Rules Will Make Refinancing Your Mortgage More Difficult

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