Frequent Contributor
pdog661
Posts: 377
Registered: ‎03-31-2012
Re: Question: job change-app before or after

As you re-fi you must state its your primary residence. 

 

If you get another mortgage with say, 1-2 months, you may experience some pain.  The mortgage company you are working with to re-fi will know that you have turned your residence into a investment IE different insurance policy for their review. 

 

Speak with a re-fi agent about moving it to an investment property.  You may be surprised what they can do.  You can certainly explain away why you stated a home as a primary residence and then changed the game plan, but not with a month or two.

 

If you re-fi I would also suggest you do so before the job change.  1-2 month in a new job may spook the re-fi underwriters.