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Updated about 5 years ago on . Most recent reply

User Stats

108
Posts
72
Votes
Shane Ward
  • Albrightsville, PA
72
Votes |
108
Posts

How soon can I refi out of a 5/1 ARM?

Shane Ward
  • Albrightsville, PA
Posted

I have three sfr that have an 5/1 ARM that started in Sept 2019. I had to refi out of a HML and my credit was not where I needed it to be at the time. I just had a bankruptcy removed from my report and now would like to refi out of the 5/1 ARM. My rate is 7.6% now. Any thoughts. In April I will have completed two flips and will pay down all of my personal debt.

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