Asked by Anonymous
Plan to buy second house. First one loan is all cleared. So on my second one I qualify for 80%, but can I take loan on my paid property for DP if required.
I plan to take loan for the second home initial DP, so can that be done on my current paid up property? And is there a timing issue? As in buy the second home and then when time to pay get a loan on first property. Or if I take loan again I am not qualified for 80%. Do advice
I plan to take loan for the second home initial DP, so can that be done on my current paid up property? And is there a timing issue? As in buy the second home and then when time to pay get a loan on first property. Or if I take loan again I am not qualified for 80%. Do advice
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