Definitely. There is no regulatory maximum toward level of financing – only the restriction dollar amount – however, agreements is actually free to enforce instance a threshold. It could be a threshold with the amount of a great money any kind of time single or a delay from the time you to mortgage is paid off up to another type of loan would be removed or almost anything in-between.
Keep in mind, although not, the much more restrictions that are enforced, the more diligent visitors is to be certain that the individuals limitations try constantly used.
Yes, provided the program makes it possible for they. But you will find several important caveats here. Very first would be the fact many financing policies do not overtly state whether or not or not financing refinancing are let. Continue reading “Is it possible for a participant in order to refinance a current financing?”