In response to the COVID-19 pandemic, the Federal Housing Finance Agency (FHFA) declared in 2020 that borrowers who are in forbearance but have continued to make payments on their mortgage loan will still be eligible for a refinance.

Can you refinance if you took forbearance?

With mortgage rates near record lows, you may want to refinance. This could reduce your monthly payments and make your home loan more affordable. The good news is, refinancing after forbearance is generally allowed.

How long after forbearance can you refinance?

What tends to happen is that borrowers may not know the information they're supposed to get. If you've been in forbearance, there are rules associated with refinancing. To get out of forbearance, you have to make three months of consecutive payments before you can close on a new loan.