Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 9 years ago,
I Want My Money Back...From Uncle Sam (FHA)
Curious if anyone has refinanced out of an FHA loan into a conventional, and if so how long it took to get your FHA impound account reimbursed back to you? My assumption is this might be a 2-3 month process, but I'm piling cash as fast as possible for down payment on my first buy and hold in Sacramento by June and the $3000+ of my money they're holding would be nice to throw on the pile!
To be clear, this is a refi out of FHA on my personal residence, I'm asking for the great BP Knowledge Cloud to make it rain because my normal, ehem "strategy", of asking Google was surprisingly barren of information.
I would appreciate any information from those who have done similar, or maybe some guidance to steer me in the right direction for an answer, thank you all for your time!!
-Ben