More info required.. What specifically are you looking to do? Purchase a 2nd home.. as in vacation home? Purchase a new smaller home? What are you going to do with the existing home? Sell it? rent it out? So long as you meet all eligibility requirements, you can purchase another home, but we would need to know if you intend on living in it, buying it as a 2nd home, or buying it as an investment home, because the lending requirements such as down payment and interest rates vary depending on these factors.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347
If you meet all the other qualifications for a loan, you should not have any problems.
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