Short Pay Refinance 

What is a Short Pay Refinance

Short payoff refinance and you!

Short Pay Refinance Phoenix, AZ. is Dedicated to helping America's homeowners eliminate negative equity. Through our Short Pay Refinance process here in Phoenix, AZ. homeowners can refinance thier home by requesting a short pay statement from thier existing lender. A short pay refinance will reduce your current mortgage to 97.75% of current market value.

Short Pay Refinance(Phoenix, AZ.) Guidelines:

Highlights of the new FHA Short Pay Refinance Program

To qualify for the new FHA short pay refinance program:

1. You must have a credit score of at least 500  
2. You must be able to fully document your income for your new loan  
3. In order to be eligible for an FHA short pay refinance, the property must be your primary residence  
4. You must be current on your existing mortgage payments  
5. Your current lender must agree to a principal write-down for a short pay refinance***  

***This is important  and will be the determinating factor of the short pay  program.