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Updated about 7 years ago,
New investor-CT area
Hello, I am new to BiggerPockets. I have a couple questions i think you guys could help me before I go meet with a broker in a couple of days. I am in the Connecticut(Bridgeport) area.
1. How long will one have to wait before refinancing out of a FHA loan?
2. Are there other possible loan options other than FHA/CHFA or 20% down?
3. If money down is less than 20% will the monthly mortgage insurance follow the loan throughout its life or after will the insurance end when 22% equity is obtained?
Thanks in advance!!