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Updated about 4 years ago,
Refinancing Primary Residence
Question? I have been living in my current home for about 10 years from an FHA loan. About 2 years ago, I switched to a 15 year mortgage with 3.8% rate. I want to refinance my current primary home from a 15 yr to a 30 year with possibly a lower rate with the market. I am now searching for a bigger home and would like to rent this one out. How long do you have to wait to purchase a new home after refinancing you primary residence? I will be using a VA loan for the new home purchase.