How to Buy a New Home Before Selling Your Current One!!!
By Rob Spinosa, SVP of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
How to Buy a New Home Before Selling Your Current One!!! Living in a "crowded house" but can't find a way to buy that perfect new home before selling your existing one? Don't dream it's over! There are mortgage programs that are specifically created to allow you to use proposed rental income from your existing home --- also known as a "departing residence" in this case --- to help with your mortgage qualification. After all, most Americans are working hard enough to afford one mortgage payment, let alone two. If you've been told that you don't qualify for a new home until you sell your current home, but you otherwise have a down payment saved and ready to go, get in touch and let's see if a departing residence mortgage is a good fit for you. There is freedom within, Rob SpinosaSVP o...
Comments
3