0
Can someone get a mortgage on a new house if they have not sold their current home?
Wiki User
∙ 16y ago
Yes, but the existing mortgage (and interest on bridge loan) will be a factor in the points and interest on the new mortgage, as the initial risk to the lender is higher.
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
Where can someone find the current mortgage loan rate?
The current mortgage loan rates will differ from person to person depending on individual factors. These factors include your age, income, age of home, risk factors, and the cost of the home.
How does one know when it is time to refinance their house mortgage?
The best time to refinance your home's mortgage is when you believe that you have paid enough on your current mortgage to try to haggle for a lower rate. Usually several years.
Where can one find advice on a house mortgage refinance?
There are many places one can find information on refinancing a home mortgage. The best thing to do is contact your current lender or your current bank. You can also contact Lending Tree.
Where can one find the current home mortgage rates?
One can find current home mortgage rates from: Money Supermarket, Money Savings Expert, Which Mortgage Advisors, Bank Rate, Mortgage News Daily, to name a few.
What is a reverse mortgage broker?
A reverse mortgage broker is someone who assists to qualify homeowners to borrow money against the value of their home. The mortgage payment is deferred until the homeowner dies or the house is sold.
Where can someone find the current mortgage loan rate?
The current mortgage loan rates will differ from person to person depending on individual factors. These factors include your age, income, age of home, risk factors, and the cost of the home.
What is a good way to get a cheap home mortgage?
A good way to get a cheap home mortgage is by buying a home that is small. The larger the house, the more the mortgage will cost. The mortgage depends on the size of the house.
How does one know when it is time to refinance their house mortgage?
The best time to refinance your home's mortgage is when you believe that you have paid enough on your current mortgage to try to haggle for a lower rate. Usually several years.
Where can one find advice on a house mortgage refinance?
There are many places one can find information on refinancing a home mortgage. The best thing to do is contact your current lender or your current bank. You can also contact Lending Tree.
What website offers a personalized mortgage payment calculator?
Zillow's Home Affordability Calculator will help you determine how much house you can afford by analyzing your income, debt, and the current mortgage rates.
Where can one find the current home mortgage rates?
One can find current home mortgage rates from: Money Supermarket, Money Savings Expert, Which Mortgage Advisors, Bank Rate, Mortgage News Daily, to name a few.
What is a reverse mortgage broker?
A reverse mortgage broker is someone who assists to qualify homeowners to borrow money against the value of their home. The mortgage payment is deferred until the homeowner dies or the house is sold.
What is the approximate home mortgage rate for a home in Florida?
According to information on the website BankRate, the current approximate home mortgage rate in Florida is 4.05%. This is when taking out a 30 year home mortgage.
What is the current home mortgage rate offered by the Bank of Scotland online?
Home mortgage rates change often. The current mortgage rate offered by Bank of Scotland is 18%. They also provide ways of bringing down your mortgage rate with a refinancing.
How can you refinance your home for a mortgage?
In order to refinance your home, you should look for a reputable mortgage broker. Work with the broker to find a good plan to refinance you home by looking at you current mortgage.
Will a mortgage calculator let me know how much house I can afford to buy?
Yes, a mortgage calculator will help you in your decision to purchase a home. The mortgage calculator will also ask you for various inputs such as pre-tax income, current debt and debt payments, points on the mortgage loan, current rent payments and others to help make the decision.
What does mortgage home improvement mean?
It means that you take out a second mortgage to help make home improvements on your house. This often raises the value of your house if you are selling it.
