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Updated almost 4 years ago,
Refiance or Reuse FHA loan
I need you guys insight on two possible loan options. 1. I would like to see if I have enough value in my home to refinance conventional. (If not let's consider option 2) 2. Because I am currently using FHA loan having lived in my home for almost 3 years now (Aug 2018) I refinanced with you last year (Jan 2020), because my family has grown substantially and my job has relocated me to where I have to drive almost 20 miles everyday (one way) . Could I use the FHA loan again to finance a home that is larger and closer to my work location. And also will I be able to add my rental income property as a source of income?