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Company Loan Type APR Est. Pmt.

refinance house listed for sale

Posted on: 13th Jul, 2006 02:39 pm
is it possible to refinance a house that is already listed for sale?
It is possible but normally you would find it difficult to refinance a home already listed for sale.

Most mortgage companies may feel that they may put themselves at risk as by refinancing such homes. If you sell the home and fail with your payments they can't recover the money.
Posted on: 13th Jul, 2006 02:48 pm
Hi,

It's quite possible to refinance that has been listed for sale. In fact many lenders refinance homes that are for sale or have sale contracts with them.

Bridge loans or Bridge financing is exactly meant for such conditions where it provides a bridge from one property to another.

If you want funds to close on a second property, this can help you there.
Posted on: 13th Jul, 2006 02:53 pm
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