Newsflash: Offered equity disbursement on FHA loan. No idea what that is

I received a letter from a private “wealth management” company so I’m sure I can throw it out and forget it, but I want more of an understanding of what they are offering me. The letter simply states that my home may be eligible for an equity disbursement of 8,558.31 through my current FHA loan. I need to call them to complete the property analysis.I know what an equity disbursement is but I have never seen this in real estate. Can anyone explain to me exactly what they are offering? A google search did not turn up much.For what it’s worth, I purchased the home 2 years ago for 181,000 It appraised at 186,000. I currently have approx 165,000 left on the FHA loan.

Read more at https://www.reddit.com/r/RealEstate/comments/4jqrh0/offered_equity_disbursement_on_fha_loan_no_idea/?utm_source=ifttt

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