Posted on: 24th May, 2010 08:39 am
is it possible to already have a house under your name and get a second morgage out for another house
Hi pfvargas!
Welcome to forums!
These days lenders may not be ready to give you a mortgage if you already have a loan on one of your properties. However, I would still suggest you to contact your lender and apply for a mortgage. It will be his discretion whether or not he would be ready to give you a loan.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
These days lenders may not be ready to give you a mortgage if you already have a loan on one of your properties. However, I would still suggest you to contact your lender and apply for a mortgage. It will be his discretion whether or not he would be ready to give you a loan.
Feel free to ask if you've further queries.
Sussane