Waiting Period To Refinance After Forbearance in Florida?
Post Florida forbearance waiting period
- Pay arrearage in full and there is no waiting period for Rate and Term or Cash Out- (Depends if the loan was just forbearance or modified. )
- Make 3 consecutive payments and you can do a rate and term (if the lender didn’t create a 2nd mortgage & if they did it’s a Cash Out that requires 6 months)
- Make 6 consecutive payments and you can do a cash out
Here is the Florida FHA Refinance Mortgage Forbearance chart:
Here is the Florida Conventional Mortgage Refinance Forbearance chart:
- Pay arrearage in full
- Make 3 consecutive payments and you can do a rate and term or cash out.
Fannie and Freddie Chart