What are the Terms and Amortization for the HUD 223(a)(7) Refinance Program?
Terms, Amortization, and the HUD 223(a)(7) Refinance Loan
When refinancing with the HUD 223(a)(7) loan, the existing loan term may be extended by up to 12 years. At the same time, the new term cannot exceed the initial loan term.
To learn more about the HUD 223a7 refinance program, fill out the form below to speak to a HUD/FHA loan expert.