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Updated over 5 years ago,

User Stats

55
Posts
14
Votes
Jonathan Escobar
  • Provo, UT
14
Votes |
55
Posts

What happens to an FHA loan after a year and want a new one?

Jonathan Escobar
  • Provo, UT
Posted

I'm planning on getting an FHA loan to house hack but I don't know what happens after a year. Do you get the same interest rates and payments after a year and you apply for a new FHA loan? Or do you have to refinance the house and pay 20% down on the first house in order to get a new FHA loan on the second house?

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