Yes, it's possible and common. But there are many factors to consider such as whether the new home will become your primary residence. I have helped many buyers in a similar situation. I can be contacted directly at 917.699.0183 for more information or assistance. Follow me on twitter @mdenniston247.
l value your feedback. Please hit the thumbs up if my reply was helpful. All tjhe best.
Michael Denniston l Cell: (917) 699-0183
Residential Home Funding, Corp.
Licensed Mortgage Loan Originator l Sales Manager
6901 Jericho Turnpike Ste. 219 | Syosset, NY 11791
Main: (516) 605-1733 | Fax: (888) 881-2557
NMLS # 24076 | Company NMLS # 34973