Can I refinance my second home?
I have a second home in the Foothills and my daughter rents it out. Is it possible to refinance it?
Answers (2)
Yes you can. What is the loan amount and what is the value of the property? You will also need to qualify with your current income documentation.
Web Reference: http://socalfhahomeloans.com
FIRST ANSWER
Refinancing a second home is almost exactly the same thing as refinancing your primary residence, As long as you have the equity and you can qualify for the loan you should not have a problem. Currently rates on second homes are very close if not the same as rates on primary residences.
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