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Each lender will have specific requirements for refinancing, but most will expect that your income be significantly higher than your mortgage, that you will be able to pay closing costs after the refinance, and that your house is worth more than you are asking to borrow in the refinanced loan.

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12y ago

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How long after buying a house can you refinance?

You can typically refinance your house after owning it for at least six months, but it's best to check with your lender for specific requirements.


How long do I have to wait before I can refinance my house?

You can typically refinance your house after owning it for at least six months, but it's best to check with your lender for specific requirements.


How long do I have to wait after buying a house before I can refinance it?

You can typically refinance your house after owning it for at least six months, but it's best to check with your lender for specific requirements.


When can I refinance after buying a house?

You can typically refinance your mortgage after buying a house once you have made a few months of on-time payments, built up some equity in the home, and have a good credit score. It's best to check with your lender for specific requirements.


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.


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.


Do you have to pay Title insurance when you refinance?

Yes, virtually all lenders' underwriting requirements call for lender's title insurance for a refinance.


How long do you have to wait after purchasing a house before you can refinance it?

The typical waiting period to refinance a house after purchasing it is around 6 months to a year.


What are the requirements for a no fee remortgage?

The requirements for a no-fee refinance mortgage are being in good standing with your current mortgage, having sufficient income, and having a good debt-to-income ratio. The requirements for a no-fee refinance mortgage are essentially the same as for any other type of mortgage.


How long after purchasing a home can I refinance it?

You can typically refinance your home after owning it for at least six months, but it's best to check with your lender for specific requirements.


What are the general requirements to obtain a VA refinance loan?

Obtaining a VA refinance loan is not as hard as some individuals claim, however, there are a few general requirements. To obtain a refinance loan, individuals must reside in a home, have a qualifying credit, have the home appraised by a certified appraiser, as well as provide income verification.


How long do I have to wait before I can refinance my home?

You can typically refinance your home after owning it for at least six months, but it's best to check with your lender for specific requirements.