I am wondering if I can refinance my existing home loan with CitiMortgage, with my credit union? I will have?

had my house for one year in April and want to get a better rate. I am currently at 6.5%. So my question is can I take my existing FHA loan and go somewhere else with it and refinance it or can I convert or refinance with my existing company to a lower rate?

You can go anywhere else to refinance. Being that you bought it a year ago, will the home appraise for enough to refinance?

you can take it anywhere you want. your local credit union probably will offer the lowest rate.

I just got of the phone with a lender. My current rate is lower than yours so it wasn't worth it but for you it might be. If have good credit, you have under a 80% loan to value ratio and depending on fees you might be able to make it worth while.