Refinance an investment property mortgage as a primary residence

Refinance an investment property mortgage as a primary residence

Member since 2011 · 9 posts · 2 votes

Hello experts,

If I move into one of my rental property and use it as a primary residence, how soon can I refinance the mortgage as a primary residence and therefore better interest rate?  Thank you. 

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  • Investor · Charleston, SC · Member since 2022 · 234 posts · 198 votes
    4y

    Go ahead and reach out to your banker/lender.   If there is a title change involved it is like you are purchasing the property and should be immediate.   If there is no title change involved and it's in your name, then as long as there have been 6 months since the last financing, you should be good to go.   

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