View Full Version : How soon can I refinance
 
 j_smith_2007
Mar 21, 2007, 08:06 PM
Hello, I would like to know how soon can you refinance once you purchase a property.  I have heard different answers; one being you can refinance the next day, four to six months, once your credit score is higher.  I currently have a ARMS loan and would like to know how soon can I refinance.
 Fr_Chuck
Mar 21, 2007, 08:09 PM
It will depend on your loan,  ( well as to what your cost to refinance will be)  many arms  or other loans have provisions about payoff during the first 3 months to 2 years or so, where all the interest has to be paid through a certain payment if you refinace or pay loan off early.
 
But if you don't mind the cost of the loan,  there is no restrictions on refinanceing