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how long do i have to wait after i bought my house to refinance?

how long do i have to wait after i bought my house to refinance? by thowell878 from Norfolk, Virginia. 14 days ago Reply


William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,625 contributions

More info needed. Specifically, which type of loan did you get and what is your goal in refinancing. The lending rules for rate and term refinance transactions are different than the terms for a cash out refinance. if you are just looking for a lower rate, then Some lending programs require that you wait 6 months to refinance, while others allow you to refinance right away. There must be a net tangible benefit to refinancing,, and you have to do your due diligence to be sure that when compared to the closing costs associated with refinancing, there's still a benefit to you. If you are looking to do a cash out refinance, then most all lending programs will make you wait 6 months to 1 year before you can tap into your equity. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / LendUS, NMLS 1938/ AZMB0121893

14 days ago
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