FHA now allows cash out refinance loans to ninety five percent loan to value. FHA borrowers can use the cash for home repairs, financing college or refinancing high rate bills.

Most traditional lenders can only get you access to cash with refinancing at seventy five or eighty percent loan to value. FHA Mortgage Loan Company specializes in government refinance loans that create opportunities for home remodeling or combining 1st and 2nd loans together.