Can I refinance from another loan type (FHA/VA/USDA) to a conventional loan?
Yes. If you meet the lending criteria, you can refinance a government-backed loan such as an FHA, VA, or USDA loan to a conventional loan with Better Mortgage. Homeowners with VA or USDA loans need to meet the following additional criteria.
If you have a VA loan, you may need to wait 210 days or have made 6 monthly payments (whichever is longer) before refinancing.
If you have a USDA loan, you may need to wait until your home equity is at least 3% before qualifying for a conventional loan refinance.