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Take out another loan

jerry

Posted on: 01st May, 2013 02:25 am

I own a condo and have a mortgage on it. I have put it up for a sale. But it hasn't sold off yet! Can I take out another loan to but a home?

Total Reply : 2

Hi Guest,

As you already have a mortgage in your name, it may be difficult for you to qualify for another loan to buy a new property.

Thanks,

Jerry

jerry

Posted on: 01st May, 2013 03:45 am

smith.sussane

Posted on: 01st May, 2013 07:56 pm

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