Is it possible to refinance a property as soon as i inherit it or do i have to wait?

Too much info missing.. is there a mortgage on the property now?? Most states have laws that say that those who inherit a property with a mortgage are not required to pay off the loan.. they can assume the existing loan, and it will not be called due.. If there is no mortgage, the you would be doing a "Cash Out" Refinance, and in this scenario, the rules are different.. some lenders might require you be on title for a certain period of time before you can do a "Cash Out" refinance.. so without more details, it's difficult to answer your question.. 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

You can finance it when ever you want Jack C 734-395-9027

As soon as probate clears, and the court releases the property, which normally takes 4-6 months.

Mortgage loans cannot be issued to estates. Any existing liens on a property in an estate will need to be settled which is why you have to wait until it clears probate.. Even if there is no mortgage or property liens, there are often other expenses that need to be paid off before the estate is distributed. Usually mortgage lenders will work with the attorney handling the estate to establish a plan for paying off the loan through sale of the property or refinancing by one or more of the heirs.Art FleischerAnn Arbor Mortgage734-669-5880

You should be one title as the owner of the property for 6 months - might be some special exceptions that can be made by doing a bank portfolio loan or a home equity loan we can look into if you want to do something sooner but you would need to show as the owner of the home. Carri Goldring 800-372-2205 cgoldring@thefsb.com

Depends somewhat on the purpose of your loan, and qualifications of course - but in general yes, it is possible. Some lenders have more restrive guidelines than others.