Home Buying in 45036>Question Details

Jonathan1841, Both Buyer and Seller in Lebanon, OH

could I borrow on a house to buy another if the first house is paid for?

Asked by Jonathan1841, Lebanon, OH Tue Jul 23, 2013

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2
Jonathan that is one of the least expensie ways to buy a second home. I have a loan officer that jas done this for me before. Give me a call.
Jim gordon 513.886.5250
1 vote Thank Flag Link Wed Jul 24, 2013
Of course there are options to allow you to remove cash from the paid in full home.

* Appraisal will be required to determine value.
* GEt house ready as if you were selling it for top dollar the next morning.

They won't lend you 100% of the value, but based on credit, income, ability to repay, etc....an amount will be presented to you.
0 votes Thank Flag Link Wed Jul 24, 2013
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