You may hear lenders tell you to wait exactly six months. This is often because of —if you refinance within 180 days, the original loan officer may have to pay back their commission. While this isn't a legal restriction for you, it is why some lenders are hesitant to help you refinance immediately. When Does It Make Sense to Refinance?
Regardless of loan type, most lenders require you to own the home for 6 to 12 months and hold at least 20% equity before you can take cash out. The "6-Month Rule" Explained how soon after you buy a house can you refinance
Just because you can doesn't mean you should . Consider these factors first: You may hear lenders tell you to wait exactly six months
If you aren't sure which rules apply to you, check with your current lender or a mortgage broker . When Does It Make Sense to Refinance