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Updated over 4 years ago,
Seasoning period for remortgaging from FHA to conventional
Question: Does anyone have experience refinancing from FHA to conventional in less than 12 months?
Background: I am BRRRRing a duplex and got an FHA loan with the intention to refinance to conventional mortgage after reappraisal. Mortgage officer told me I could when I got the FHA loan and now his colleague that I am working with says I need a 12 month seasoning period after purchase before I can refi out to conventional. I am 6 months in and almost finished with rehab... Confused and concerned.
Thanks for any experience or advice!