HUD 232/223(f) Cash Out Refinancing

Do HUD 232/223(f) Loans Permit Cash Out Refinancing?

Do HUD 232/223(f) Loans Permit Cash Out Refinancing?

In general, HUD 232/223(f) loans do not permit cash out refinancing. However, some borrowers choose to get a conventional (non-HUD) loan that permits cash out, and then quickly refinance their property with a HUD 232/223(f) loan.