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Updated about 8 years ago,

User Stats

28
Posts
6
Votes
Steve Salvini
  • Pittsburgh, PA
6
Votes |
28
Posts

Refinancing out of an FHA

Steve Salvini
  • Pittsburgh, PA
Posted

I'm looking to refinance a duplex that I'm owner occupy out of an FHA loan into a convention loan with 85%LTV. Even at a higher rate my loan payback is less then with an FHA backed loan. If I do this and decide that I want to buy another multi-unit in the future am I able to use an FHA to do this? I like the 3.5% down that an FHA provides.

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