This makes the home?a investment property instead of your primary residence.? Investment property loans tend to have stricter guidelines in order to qualify for the refinance. ?You should also expect to find slightly higher rates on investment property vs. primary home loans.? Your best option is to contact a local professional and check to see if you qualify.
Best of luck!
Source: http://www.zillow.com/advice-thread/refinancing-mortgage/472257/
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