Home Learning Center

An FHA cash-out refinance allows homeowners with at least 20% equity to tap into their home’s value and receive cash. To qualify, borrowers must meet FHA requirements, including credit score and loan seasoning guidelines.

Most FHA lenders prefer a steady two-year work history, but what matters most is proving stable income and your ability to repay the loan. If you can do that, employment gaps are often acceptable.

Federal Housing Administration (FHA) loans have been helping people purchase homes since 1934. These loans are designed to help first-time homebuyers and those with less-than-ideal finances purchase their primary residence. In addition to having relaxed eligibility requirements, FHA loans also offer competitive rates and low minimum down payments.