You took an FHA loan because of the low down payment requirements and/or the flexible underwriting requirements. Now you are toying with the idea of refinancing. When does it make sense to do so? Compare Offers from Several Mortgage Lenders. The answer is that it depends on your situation. Are you in the home for the loan term? You may want to consider refinancing into a conventional loan, but you’ll have to time it correctly. If you aren’t staying in the home for the long-term, or you … [Read more...]