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Updated about 7 years ago,

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1
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1
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Gutierres DeSouza
  • Shelton, CT
1
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New investor-CT area

Gutierres DeSouza
  • Shelton, CT
Posted

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!!