Can you refinance your home after 2 or 3 years to shorten from 30 year to 15 year laon?

Posted on Jun 19, 2014 in Unique Loan Programs

Question by Daniel and stephanie Cash: Can you refinance your home after 2 or 3 years to shorten from 30 year to 15 year laon?
My husband and I are thinking about buying a house in the near future. We are hoping to get approved for a first time home buyer with 0 down. Can we start the loan at a 30 year loan then refinance to a 15 year loan in a few years when we have a bigger “down payment”? We would like to get into a house while it’s still a buyers market, website health but it will take us probably 3 years to come up with a down payment. Please help!

Best answer:

Answer by Go with the flow
There are no first time buyer 0% down mortgages.
What country are you in?
You would probably fall for rent to own scams. Stay away from them, ok?

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