Can I convert my FHA loan into a conventional loan?

Absolutely. I do a lot of loans in Northern Kentucky, so I would like to answer any questions you may have about your refinance.Joel Lobb (NMLS#57916)Senior Loan Officer502-905-3708 cell502-813-2795 faxjlobb@keyfinllc.comKey Financial Mortgage Co. (NMLS #1800)*107 South Hurstbourne Parkway*Louisville, KY 40222*http://mylouisvillekentuckymortgage.com

You can by refinancing into a conventional loan.

Absolutely you can. Just make sure you have enough equity and can meet any debt to income and credit requirements. Don't miss the buck before rates get too high!

Yes, it's called a refinance. If you have more than 20 % equity, it would probably makes sense to refinance out of an FHA. Have a Mortgage Professional do the calculations for you to show you what the difference in payment will be to determine if it is worth it in your particular situation. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Certified by the National Association of Mortgage Professionals and Licensed in California and Arizona ~ Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950

No you cannot, unless you do a conventional refinance. If you are trying to get out of the monthly mortgage insurance it may pay you to refinance the fha loan, depending upon your current loan interest rate and other loan qualification factors. You may reach me at 8593124311. I am a mortgage banker located in Lexington, KY. - Rusty Brown

Yes, it's called a refinance. If you have more than 20 % equity, it would probably makes sense to refinance out of an FHA. Have a Mortgage Professional do the calculations for you to show you what the difference in payment will be to determine if it is worth it in your particular situation. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Certified by the National Association of Mortgage Professionals and Licensed in California and Arizona ~ Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950