Learn About Homeownership:
Few decisions are more important than how to pay for or maintain your home. Question Big can help you stay smart and avoid mistakes.
A Curious User
9 months ago
i own the house without mortgage. is there a fha loan for cash out? i do not want reverse mortgage .
Answer this question:

Please log in to submit an answer.

Best Expert Answer
Bruce Reichstein
9 months ago
Yes, the FHA guidelines allow for a homeowner to do a cash out refinance up to 85% of the appraised value of their home. You can see the pros and cons at https://www.fha.com/define/cash-out-refinance
Experienced FHA and VA home loan mortgage banking for over 30 years.
Visit our website
Best Expert
Ask a Question

Choose up to 5 tags (e.g. FHA loan). We'll recommend some, but you can change them if you want.
Thank you!
Please check the email address you registered with for your account confirmation. Then click the activation link to get started.
Question Big is a community of consumers and professionals sharing experiences, knowledge and advice.
Report Content
I'm reporting this because I think it is:
Report User
I'm reporting this user because I think the user is:
Report Company
I'm reporting this company because I think the company is:
Thank you!
Our team will review the content you reported and will take appropriate actions. We appreciate your contribution to the Question Big community.