Question by Andre K: Can a mortgage be refinanced with a rural development loan?
I need to refinance my home at 7% with some cash out for repairs and updating. I am shopping around for the best deal.
Best answer:
Answer by Josh Murray-Southeast MI Realtor
You can not re-finance into a rural development loan. They are for initial purchases.
Add your own answer in the comments!
One Response to Q&A: Can a mortgage be refinanced with a rural development loan?