Existing homeowners who are in a FHA home loan program in California can refinance their existing loan into a lower fix rate without having to support the value of the home. That is GREAT news if you owe more on the loan than what the value is. FHA has a built in feature that you are able to refinance your home into a lower fix rate to take advantage of the current market rate. Please call me at 909-503-5600 to explore this option to refinance your current FHA loan to see what we have to offer.