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Can I get approval for a loan?

My wife and I want to move from our current home into a new home we just saw in an ad then sell our old house. The new property is everything we have dreamed of and we can’t let this chance pass. What are my options? Get a new mortgage? My credit score is 800 and I have 100k in savings. My equity on my current home is at $400k. by kempsonc65 from Delaware City, Delaware. Oct 25th 2021 Reply


Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,843 contributions

Talk to a local mortgage broker to go over the options. Do you need to sell first, can you buy without selling? What do you qualify for? You'll know what to do when you understand these answers. Most people want to buy, then sell. But for most people, they can't qualify to do that. I lend in MN WI IA ND SD. Find me at firsttimeHomeBuyer-MN.com - Cambria Mortgage, NMLS 274132

Oct 25th 2021
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