When can someone after buying a 2nd house refinance house 1?
FrancineI bought my house 9 years ago, and I have very low interest. I'm in the process of buying a 2nd house planning to rent the first one. My question is how soon after I sign the papers for the other house can I refinance this house. I just want to get more confortable with my payments. I also have a good credit. I don't know if that helps.Thanks.
BrigidYes. You may have a situation with owner occupancy. Some rates are lower only if you occupy the house not for investment property.
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