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25Mar2009
Author
Dan Green
Filed Under
FHA Mortgages
FHA Ends Its 95 Percent Cash-Out Refinances March 31, 2009. 85 Percent Is New Maximum. Thumbnail

FHA Ends Its 95 Percent Cash-Out Refinances March 31, 2009. 85 Percent Is New Maximum.

The FHA is discontinuing its 95% cash-out refinance program effective April 1, 2009. For all case assigmements made on or after April 1, 2009, cash-out refinances are limited to 85%. "Case assignment" is FHA-speak for "registered loans".

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