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Private Lending & Conventional Mortgage Advice
HomeForumsPrivate Lending & Conventional Mortgage AdviceRefinance out of an existing FHA loan to get another FHA loan?
Jon B.'s profile image
Jon B.'s profile image
Jon B.
  • from Maspeth, New York
  • Member since Nov 22, 2016
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Jon B.'s profile image
Jon B.'s profile image
Jon B.
  • from Maspeth, New York
  • Member since Nov 22, 2016
Connect
Jon B.
  • Maspeth, NY
62
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75
Posts
Private Lending & Conventional Mortgage Advice

Refinance out of an existing FHA loan to get another FHA loan?

Jon B.
  • Maspeth, NY
Posted Jan 10 2017, 05:57

I was curious if the following scenario is possible (and legal of course)....

If I were to purchase a property using an FHA loan, live in the property for the required one year, then refinance out of the FHA loan into a conventional loan; would I then be able to then purchase another property using an FHA loan?

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