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Updated over 3 years ago,

User Stats

13
Posts
4
Votes
Lars Andersson
4
Votes |
13
Posts

primary residence to a rental shortly after a refinance

Lars Andersson
Posted

I just refinanced my primary residence (1 month ago) and I’m looking to buy a new home and convert my current primary residence to a rental (investment) property. I haven’t searched through my loan docs, but is it common that the loan terms would mandate that I need to originate a new loan for the new investment use?

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