Is it possible to own a participant so you’re able to re-finance a current financing?

Is it possible to own a participant so you’re able to re-finance a current financing?

Almost certainly. There’s absolutely no regulating limitation towards quantity of financing – just the limitation money number – however, preparations is liberated to demand such a limit. It can be a limit into number of a good loans any kind of time one time otherwise a wait from the time that financing was paid off up until an alternative financing are removed otherwise anything in between.

Remember, however, your even more constraints that are enforced, more diligent men should be to be sure those individuals restrictions was constantly used. Continue reading “Is it possible to own a participant so you’re able to re-finance a current financing?”