Posted on: 22nd May, 2010 12:32 pm
Can we get an RD loan for a home purchase if we currently own our home?
hi mfrancis,
if you already have a mortgage on a property, then it would be difficult for you to qualify for another mortgage. lenders may not be ready to give you a second mortgage in order to buy a new property. however, i would suggest you to contact the local lenders of your area and apply for a loan. they will let you know whether or not you would get a mortgage.
if you already have a mortgage on a property, then it would be difficult for you to qualify for another mortgage. lenders may not be ready to give you a second mortgage in order to buy a new property. however, i would suggest you to contact the local lenders of your area and apply for a loan. they will let you know whether or not you would get a mortgage.