You would likely qualify for a new mortgage against the new home. Rates on purchase loans are typically lower than on cash out refinances. I would just plan on setting up a ne ... more
I am not sure how easy it will be to get an FHA mortgage for this condo community. Attached is a link from the Housing and Urban Development website showing all the criteria ... more
Generally speaking, you may lock an interest rate once.
When you lock a rate, you are asking the lender to make a commitment to deliver your loan upon closing into ... more