I have bad credit but am current on my mortgage do i qualify for a streamline FHA refinance.?

by YoTuT
Question by Joey: I have bad credit but am current on my mortgage do i qualify for a streamline FHA refinance.?
My interest rate is 8 %.Never declared bankruptcy and did go through the foreclosure process a couple of years ago.


Best answer:
Answer by AnjellIf you've been discharged from your bankruptcy then yes. However if you haven't been discharged yet it will show as outstanding on your credit report and you will not likely qualify for a FHA refinance.

What do you think?

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