How Many Times Can You Refinance a House?

KEY TAKEAWAYS

• No legal limit exists on how many times you can refinance your home, but practical considerations like closing costs, credit requirements, and waiting periods come into play.
• Each refinance requires sufficient home equity, typically at least 20% for conventional loans to avoid PMI.
• The financial benefits of refinancing should outweigh the costs—generally, look for interest rate drops of at least 0.5-1%.
• Different loan types (FHA, VA, conventional) have specific waiting periods between refinances that you must consider.