The water cannot be accumulated on sloped roof especially with a higher pitch, and the possibility of leaking significantly lower in comparison with a flat roof. But it can be damaged by strong winds what is not an issue for a flat roof. There are different types of roofing materials for sloped roof.
- The mortgagor must have made at least six payments on the FHA- insured mortgage that is being refinanced, and. - At least six full months must have passed since the first payment due date of the refinanced mortgage, and. - At least 210 days have passed from the closing date of the mortgage being refinanced.
In terms of basic options, FHA mortgages are either 15-year or 30-year loans. The longest of time you can be legally obligated to the original FHA home loan is 30 years. If you refinance the amount of time you spend paying on the mortgage may vary, but the original loan will be 30 years or 15.