This
is the most popular FHA purchase/refinance program available.
This program
requires 3.5% down payment
for purchases and allows "rate reduction"
refinances up to 97% "loan to value".
A Cash
Out Refinance allows up to 85% "loan to value".
This
FHA program is designed to assist those affected by national disasters.
This program does not require a down payment and allows the borrower
to finance 100% of the purchase price of a home.