ANSWERS: 3
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In my State its one year. It is due to the fact they want to keep track of your mortgage payments and also acquire equity
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lending you money for a mortgage is considered a risk by the banks...if you wanna refi before 6 months, that increases the risk.....if you foreclose, they'll be outta more money....so they just want to ensure you have a decent payment history first btw, why would you even refi before 6 months....thats crazy
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They like to see a period of successful on time payments. It's one of the ways lenders hedge their bets.
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