Financing Lender Mortgage

Gary Said:

Will our current mortgage lender automatically finance us for another home purchase?

We Answered:

No, the rate will be based on the rates at the time of the finance, not at a former rate.

Jennifer Said:

Is there a lender that will provide mortgage finance for a trust (rather than for an individual)?

We Answered:

Yes, there are many lenders who will allow trusts now. However, the trust must allow it in its wording, and most likely the trust administrator will have to ok it as well.

Discuss It!