You can refinance a mortgage as soon as 30 days after closing with most conventional loans, although many lenders require a 6-month seasoning period before refinancing with them. Government-backed loans like FHA, VA, and USDA loans have specific waiting periods before refinancing is allowed, ranging from 7 months (FHA streamline) to 12 months or more for cash-out refinances. There is no official limit on how often you can refinance, but lenders commonly expect a waiting period of about six months between refinances. The exact timing depends on the loan type and lender policies.

Refinancing Timelines by Loan Type

• Conventional loans: Typically possible after 30 days, but many lenders require 6 months.
• FHA loans: Must wait at least 210 days (7 months) for streamline refinance; 6 to 12 months for rate-and-term or cash-out refinances.
• VA loans: Require 210 days (7 months) and six on-time payments.
• USDA loans: Require 12 months of on-time payments, although some streamline options allow refinancing after 6 months.
• Jumbo loans: No federal guidelines; subject to lender-specific requirements.

Additional Considerations

• Some lenders may allow refinancing immediately but others impose seasoning periods protective of their interests.
• Cash-out refinances usually have longer waiting periods (often 12 months).
• Refinancing resets the mortgage term and may involve closing costs.
• Always check your existing loan contract and lender policies for exact timing and conditions.