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Can you refi a mortgage more than once?

Is pursuing a refinance for a second time looked down upon in any way? Are there extra fees involved? Weighing my options but did an FHA cash-out last year. by alarnette784623763 from Ann Arbor, Michigan. Jun 2nd 2014 Reply


Jack Cyrul (Jack Cyrul)
#4 ranked lender in Michigan - 94 contributions

I would need more information to answer that question but in most cases the answer is yes.

Jun 2nd 2014
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Michelle Curtis Loan Originator NMLS 401173 (MichelleCurtisLO)
#77 ranked lender in Florida - 2,245 contributions

You can refinance as long as there is a net tangible benefit, which the minimum is typically a 5% reduction in payment, reduction in term or cash out.

Jun 2nd 2014
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