Is there a maximum amount of times I can refinance?

In NY, you can refinance anytime you wish.. however some lenders require a minimum "Net Tangible Benefit" or payback period. Meaning that your costs to refinance have to be paid back by your monthly savings in a specific time frame... example.. if it costs you $3000 to refinance, and your saving $100 per month, then your payback period is 36 months.. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

As many times as you want, sort of. Some programs will prohibit you. Examples would include refinancing a loan that has already been refinance under HARP. You would not be able to refinance again under HARP. However, if you home has seen an increase in value and equity, you could take a home that was refinanced under HARP and refinance it under a traditional conventional loan. In the case of FHA, FHA requires there to be a "Net tangible benefit" to refinance, so it would be possible that you could not refinance an FHA if doing so does not create the required net tangible benefit. One of the things you should be careful about is that it does cost to refinance. You need to make sure that you are not refinancing for a small benefit and end up losing a lot of your equity to fees and closing costs. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Certified by the National Association of Mortgage Professionals and Licensed in California and Arizona ~ Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950

In certain states, like Texas, there is a cap on refinancing. However, in your case, given that you are in NY, so long as you have equity, you can refinance as many times as you'd like. If you have an FHA loan that closed before may 2009, I can offer a loan product at little to no closing costs

You can refinance as many times as you like, but at some point you need to evaluate whether starting all over again with a new loan term is worthwhile in the long run.

You can but you may sacrifice equity in each transaction due to closing costs. You'll also be starting the interest clock over which could end up with the opposite effect. If you're reducing your term in the process it's usually worth thinking about. Your home is an investment and you obviously want to see an equitable gain at some point in the future. If you constantly refinance to save a few bucks monthly it will costs you thousands in the long-run. The principle is your main concern, not so much the interest (and interest rates are going up unfortunately). The interest feeds off of the principle so if you're really serious about saving get a term less than 30yr's or at the very least go on bi-weekly payments. A bi-weekly payment schedule will force you to inevitably make one extra monthly payment per year, on a 30yr term it would knock off 7 years, down to a 23yr loan and that results in a ton of interest savings. If rates bottom out and you see an obvious advantage then of course take it. Otherwise be cautious and protect your investment.

No limit. Just be sure to consider the extension of the final payment date, as well as the cost and monthly payment.

As many times as you like.

You can refinance as many times as you choose- But make sure that the refinance is beneficial to you when you add in multiple closing costs, etc....

In NY you have to pay a Mortgage Tax or are CEMA Fee and the Banks Attorney. This could add up to $2000 extra every time you refinance. Typically it costs $5,000 to $ $6000 is Closing Costs to refinance in NY.

You can refinance as many time as you want but the lender must demonstrate that there is a 'tangible benefit' to you. This can be a lower rate, lower payment, reduced term, cash out for personal purposes or converting from an ARM to a fixed rate, etc.

Technically, you can refinance as many times as you want. With that said, constantly refinancing at a certain point may no longer make sense. For example, while the rate may be lower, constantly resetting the term actually costs you money. For example, you pay down to 26-years, then refinance to a new 30-yr, then pay down to 26-years, then refinance to 30-years. While the monthly payment may be lower, the increase in years actually costs you a lot of money. www.streamline-refinance-MN.com

As long as you qualify, you can refinance as many times as you would like.

Aside from any state laws yoiu will need 6 payments made between each transaction.

No, there isn't a limit.