The short refinance through FHA is picking up steam in the blogosphere. There are a number of reasons for this refinancing activity increase through FHA. For one, the short refinance is simpler than a long refinance from a time perspective. Forget that, that wasn't what I meant. Let me explain what short means in terms of FHA refinance short loans.
Short FHA Refinance is better explained on one of these other blog posts. The FHA short refinance is about a short payoff amount and the Hope For Homeowners program is hopefully going to encourage lenders to shorten the payoff amounts for FHA refinances in the near future.
Short FHA Refinance