Can I refi my first home to buy a second home with my wife but with only her qualifying for the 2nd home

Yes. In theory you can do that. Talk to a local mortgage broker about your acvtual qualifications. I lend in MN WI IA SD ND. Find me at JoeMetzler.com - NMSL 274132

Possibly. Technically, if your wife is on title to a residential property at anytime in the last three years, she would not be considered a first-time homebuyer. The good news is that almost all of the loan programs out there today DO NOT offer anything special to a 'First time Home buyer' that a 'Second time home buyer' would not also qualify for. If you intend to not be on the loan, she would need to qualify on her own credit and income. If you did this together, you could use both of your incomes. To get a more specific answer, reach out so we can discuss your specific situation and get you going. ~ Bert Carpenter, The LoansA2z Team of NEXA Mortgage ~ NMLS 40586 ~ At NEXA, we've got you covered. We are licensed in all states except MA and NY and we are pending approval in VA, so give us a call. ~ www.ApplyYes.com 480-889-9000.