Best answer


FHA mortgages and refinancing programs are also generally meant for those intending to occupy their homes,meaning refinancing and then renting such homes outisn’t common,but it’s still possible to refinance your current FHA mortgage through one of the agency’s programs,even if you intend to immediately rent it out.

People also ask


  • How long do you have to rent out your house before refinancing?

  • Refinancing and Waiting. FHA initial mortgage loan and refinancing guidelines require borrowers to occupy their homes for at least one year before they can rent them out. If you want to pull cash out of your home through an FHA mortgage refinance and then rent your home out, simply use the standard refinance program and then wait a year.

  • Can you refinance an FHA mortgage to rent out a house?

  • FHA mortgages and refinancing programs are also generally meant for those intending to occupy their homes, meaning refinancing and then renting such homes out isn’t common, but it’s still possible to refinance your current FHA mortgage through one of the agency’s programs, even if you intend to immediately rent it out.

  • Do I have to stay in my home when I refinance?

  • If you refinance under a special government program, your loan documents or deed of trust may say you must remain in the home for the loan to remain in effect. This is rare, but does happen.

  • Can I refinance my second home?

  • To refinance a second home: 1 You must provide reasonable evidence that the second home is not a rental property. 2 If you rent your home out part-time through a service like Airbnb or VRBO, it might still qualify as a vacation home 3 You shouldn expect to pay much higher mortgage rates for second-home refinance loans. More items…