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Refinance via FHA program - questions

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    Refinance via FHA program - questions

    Good day to all!
    Looking to consolidate two mortgages into one and get rid off one name. Need some cash out. Heard mortgage lenders approved to offer programs through the FHA can go up only to the amount of outstanding balance. Anyone had experience to confirm or object this information?

    btw, anyone knows about closing costs by refinancing through the FHA programs?
    any tips appreciated

    #2
    No, cash out max is 85%.

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