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Updated 11 months ago on . Most recent reply

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Gabriel Z.
  • New to Real Estate
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FHA Loan, Employment Status Changing

Gabriel Z.
  • New to Real Estate
Posted

Hello everyone,

I currently have an FHA loan on my property and I was able to finance this because I work remote. However, I recently got an offer letter that will require me to be on site. I have a couple questions:

1. Am I able to get out of the FHA loan and refinance into a conventional, investment loan, and what would that process look like?

2. I make the house not my primary residence, will I still be able to get a cash-out refinance, or get a HELOC on the property in the future?

Thanks in advance.

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