The refinance of an adjustable rate mortgage to the fha secure has been discussed on teh fha refinance and loss mitigation developments in florida. You may want to take a look at that homeowners topic to determine if you firt the fha guidelines for the fha 203b refinance.
FHA will allows a subordination for the refinance of a horrible adjustable rate mortgage loan. You can educate yourself on the florida loss mitigation efforts of the fha 203b. Learn the refinancing options for your florida adjustable rate mortgage and report back to the fha refinance of the fha secure for all refinancers to benefit.
Don't underestimate the florida loss mitigation department when an FHA insured mortgage is available to those who may or may not have filed bankruptcy recently.