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re: Getting a Mortgage on a 2nd Home (Hints, Advice, etc?)
Posted on 6/17/21 at 5:07 pm to soccerfüt
Posted on 6/17/21 at 5:07 pm to soccerfüt
quote:Are you in a position to lend it to yourself using an intermediary?
Getting a Mortgage on a 2nd Home (Hints, Advice, etc?)
quote:
I'm wondering about best practice on prequalification without assaulting my personal Credit Report?
How would you assault your personal Credit Report?
This post was edited on 6/17/21 at 5:08 pm
1
Posted on 6/17/21 at 8:44 pm to NC_Tigah
quote:I can lend the money to myself but don’t want to diminish my current return from my investment funds. I’ve got a local firm handling my investments that will work with me any way possible & reasonable. Maybe there’s an aspect of this type of transaction that I don’t understand, if there is, I’m all ears.
Are you in a position to lend it to yourself using an intermediary?
The potential new property would be about half or two-thirds the value of my primary residence. I’ll investigate going back to my Credit Union and seeing what they can do as to using the original property as collateral.
Thanks for all of the information so far.
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