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All Forum Posts by: Natalie Whalen

Natalie Whalen has started 0 posts and replied 1 times.

Classifieds

Post: FHA MIP loan

Natalie WhalenPosted
  • Posts 1
  • Votes 3

Hi there! 

I'm a rookie with no experience who is also interested in pursuing house hacking. My interest has switched to the FHA 403k loan. My biggest question is once a rehab is finished, would it make more sense to refinance to a conventional loan or to a FHA loan? Do i need to refinance it at that point at all? Would the equity from the rehab speed up the process to be able to get out of the MI if i were to decide to switch to a normal FHA?

3 Votes
Chicago, Illinois