Waiting period to refinance an FHA 203k loan?
I bought a HUD property and financed the mortgage and repairs with a 203k loan. The lender told me that I had to wait a year before I could refinance and get rid of PMI. From everything I have learned on BP, I believe he lied or that he meant I had to wait a year to refinance if staying with his lending company. Does anyone know? Could I have refinanced immediately after the repairs were complete if I went to a different lender?