answersLogoWhite

0


Best Answer

Considerations would include the type of refinancing that you want, whether you have a pre-payment penalty on the current mortgage, and the rules of the new mortgage lender. Theoretically you can refinance any time after you close purchase on the first loan.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How long after buying a house can you refinance it?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Should you refinance your car loans before or after you buy a home?

There is no set rule on whether or not you should refinance your car loans before or after buying a house. This is your choice.


What do you have to do to refinance your mortgage?

You have to go to the bank that has the loan on your house. They will have you fill out a bunch of paperwork. After that they will refinance your house.


After buying a house what is the best time refinance house to lower the monthly payment?

The best time is when you can qualify for a rate that will actually reduce your monthly payments enough and make up for the costs associated with the refinance. Often the mortgagors find their payments have not been reduced substantially and when you add the closing costs a refinance is often not profitable. You need to do your own research and your own math.


Can I refinance my mortgage if I have low equity in my house?

Yes it is possible to refinance your house if you have low equity. But you must have at least 20 percent equity before your refinance will be apporoved.


Can FHA refinance your automobile?

"No. FHA loans are actually for financing your house if you have a lower income. It's a government program, that low income people use for buying homes."


How soon could you refinance after you purchase a car?

As long as your current loan shows on your credit and can be accessed by the refinance company, you can refinance anytime. There is no set time to refinance.


Why do people Refinance a house?

People refinance a house because they need money quickly. They might need money for a sudden illness, unexpected home repair or job loss. They also might refinance if the interest rates are low enough.


How long should you wait between buying a car and a house?

Depends on your income.


How do I find out about FHA refinance loans?

FHA loans are for people who are buying homes that have low incomes. To get a refinance option it would need to be a regular loan because FHA is already as low as it will get.


How can a person get a refinance mortgage?

An individual can get a refinance mortgage on their house by applying from one. Not everyone would be accepted though because their are some qualifications.


How many years are you able to refinance an auto for?

You can refinance an automobile loan for as long as seven years. Depending on the bank that you use, it will be as long as seven or less.


Buying a leased house?

You can still do a lease-option deal, as long as the landlord is willing.