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-   -   How soon can I refinance (https://www.askmehelpdesk.com/showthread.php?t=74622)

  • Mar 21, 2007, 08:06 PM
    j_smith_2007
    How soon can I refinance
    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.
  • Mar 21, 2007, 08:09 PM
    Fr_Chuck
    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

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