In theory, you could potentially refinance your home as much as you’re able get a loan provider so you can agree an alternative loan. Of several says require that you waiting the absolute minimum period between refinances (this really is called “seasoning”). Says also can need you to rating a beneficial “websites concrete work for” from refinancing. This means you should get a bona-fide benefit from refinancing, such notably lowering your interest. But otherwise you try able to re-finance your house as much minutes as you wish when you meet the lender’s credit, income, and you will economic conditions.

In practice, you only need to re-finance if this is sensible. (more…)