Updated almost 6 years ago on . Most recent reply
Refinance out of a 203k FHA loan ,question for mortgage officers.
Ill be buying my first home next month w/ a 203k FHA loan program. I'm then planning on refinancing out of the FHA loan into a 30 year loan to remove the mortgage insurance after building the equity.
My question is there a limit on the quantity of FHA 203k Loans a single person can take? I'm aware of the one FHA at a time, but will I be able to get another 203k after refinancing into conventional?